investments | Egypt Oil & Gas - Part 35

Egypt’s Oil ,Gas and Mining Investments Increase by 3.9%

Egypt’s investments in oil, gas, and mining sectors rose 3.9 % to $15 b during the first quarter of financial year 2016/2017.

Eni, BP to Increase Investments in Egypt

Italian Eni and British Petroleum (BP) announced that over the next five years, they will invest in Egypt more than in other parts of the world.

Dana Gas Freezes Egypt’s Investment over Arrears

Dana Gas will not inject new investments in Egypt because of delays in obtaining payments owed to it by the government.

Egypt’s Estimated Investments at $8b

The Egyptian Ministry of Petroleum and Mineral Resources estimated investments of current fiscal year 2016/2017 at $$8b

El Molla Opens Modernization Training Workshop

Tarek El Molla opened a training workshop about the currently implemented project for developing and modernizing the Egyptian petroleum sector.

Iran Targets $8.6b Refinery Deals

Iran expects to sign its biggest oil refining contracts worth $8.6b with a number of Japanese, Chinese, and South Korean companies.

El Molla Meets with Key Industry CEOs

Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with CEOs of major oil and gas companies.

Kuwait’s Oil Cuts to Reach 148,000b/d

Kuwait's output cuts could reach between 146,000 and 148,000b/d, which is more than the reduction to which the member of the Organization for Petroleum Exporting Countries (OPEC) committed itself.

Foreign Group Gave $3b to Embattled Samir Refinery

The court-appointed manager of Morocco's only oil refiner, Samir, has received a $3b offer for the business from a foreign conglomerate.

India Urged Iran to Finalize Farzad-B Gas field Award

India has nudged Iran to quickly award rights to develop the coveted Farzad-B gas field in the Persian Gulf to ONGC Videsh by wrapping up negotiations that have been dragging on for months.

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