investments | Egypt Oil & Gas - Part 33

Kuwait Energy Seeks Success in Egyptian Concessions

Kuwait Energy Company is looking forward to expanding its success in the company’s concessions in Egypt, and participating in international oil and gas international tenders launched by the Egyptian oil and gas se ...

ERC New Processing Plant to Start Operation in Six Months

Once the plant starts operations, it will decrease the country's need for diesel by around 50% and that of imported gasoline by 20%.

Egypt, Kuwait Talk Energy Opportunities

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with CEO of Kuwait Petroleum Corporation (KPC)to discuss joint cooperation and investment opportunities.

Kuwait Petroleum to Produce 4.75 b/d by 2040

Kuwait Petroleum Corporation eyes boosting its crude oil output through spending an expected amount exceeding $500 billion by 2040.

BP: Geological Studies Prove Promising E&P Future

Geological studies and evaluations, as well as the development of technologies used in exploration and production (E&P), prove Egypt has a promising future in the E&P field.

DEA to Increase Investments in Disouq, Gulf of Suez

DEA Deutsche Erdoel AG has plans to inject more investments in Disouq and the Gulf of Suez, DEA’s CEO, Maria Moraeus Hanssen, stated.

Merlon to Invest $66 M in E&P in Egypt

Merlon has allocated $66 million investments in fiscal year (FY) 2-18/2019 budget for exploration and production E&P operations in Egypt.

Egypt Supports Initiative to Balance Global Petroleum Markets

Egypt supports any procedures and initiatives taken to keep the global oil and gas market balanced, which comes with mutual benefits for both producers and consumers alike.

Egypt Expects to Garner over $40B in Energy Investments

The Zohr, North Alexandria, and Nooros natural gas fields will receive investments worth $27.3 billion in 2018.

Egypt, UK Discuss Cooperation in Oil & Gas Sector

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with the United Kingdom’s Trade Envoy, Jeffrey Donaldson, to discuss investment options in Egypt's oil and gas sector,

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