investments | Egypt Oil & Gas - Part 34
Egypt, Italy Talk Investments
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Italian Ambassador to Egypt, Giampaolo Cantini, to discuss increasing possible cooperation and investments of Italian firms, including...
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 sector...
ERC New Processing Plant to Start Operation in Six Months
The new $3.6 billion processing plant owned by the Egyptian Refining Company (ERC) will start operation in six months, said Ahmed Heikal, ERC’s Chairman, according to Amwal Al Ghad. The value of total loans financing ...
Egypt, Kuwait Talk Energy Opportunities
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with CEO of Kuwait Petroleum Corporation (KPC), Nizar Al-Adsani, and KPC’s Managing Director, Nabil Al-Bourisli, to discuss joint co...
Kuwait Petroleum to Produce 4.75 b/d by 2040
Kuwait Petroleum Corporation (KPC) eyes boosting its crude oil output through spending an expected amount exceeding $500 billion. The new capacity is expected to reach 4.75 million barrels per day (b/d) in 2040, from ...
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 that Egypt has a promising future in the E&P field, BP’s Chief Operating Officer (...
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, adding that Egypt is becoming more attractive for investments, especially after the...
Merlon to Invest $66 M in E&P in Egypt
US’ Merlon has allocated $66 million investments in fiscal year (FY) 2018/2019 budget for exploration and production operations, through its subsidiary in Egypt Petrosilah, Al Mal News reports. Petrosilah, which...
