IOC Investments in Oil & Gas Rise to $10B
Investments in Egypt’s oil and gas sector by international oil companies (IOCs) rose to $10 billion during 2017.
investments | Egypt Oil & Gas - Part 34
IOCs Increase Investments in Egypt by 22.7%
International oil companies (IOCs) increased their investments in Egypt to $8.1 billion during fiscal year (FY) 2016/2017, up 22.7% from the $6.6 billion invested in FY 2015/2016
El Molla Meets With Australia Ambassador to Egypt
Minister of Petroleum, Tarek El Molla, met with Australian Ambassador to Egypt, Neil Hawkins, to discuss cooperation between the two countries.
South Sudan Targets Increasing Oil Investments
South Sudan has invited more oil companies to invest in exploration, production and distribution.
Amer: CBE to Pay $750m to IOCs by June
Tarek Amer, said that the CBE will pay $750m of arrears to International Oil Companies( IOCs) by June 2017.
El Molla in Talks with Dow
El Molla received Dow’s President for the India, Middle East, Africa and Turkey (IMEAT) region, Jim McIlvenny.
Sinopec Refutes Risks of Investing in Egypt
Sinopec replied to rumored concerns that the company has bought a 33% stake in Apache’s assets in Egypt for $3.1b in 2013.
Egypt’s Government Finalized the Energy Strategy
The total investments needed by the sectors of electricity and Petroleum until 2022 amount to $75b.
El Molla: Zohr Proceeding According to Plan
El Molla said that the development of the Zohr field is proceeding well according to the plan.
