investments | Egypt Oil & Gas - Part 35

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.

Tanzania Calls For Natural Gas Distribution Investments

Tanzania Petroleum Development Corporation (TPDC) has encouraged local and foreign investors to engage in natural gas distribution projects in the country's commercial capital of Dar es Salaam and the emerging indust ...

Scatec Solar to Invest $500m in Egypt

Egypt may receive Scatec Solar's $500m investment by October, and 40 solar power plants may be established by 2018 in Upper Egypt’s Benban village, in Aswan.

Shell to Increase Gas Production from Egypt

Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Shell Country Chairman, Gasser Hanter, to discuss the company's plans for Egypt.

Petroleum Air Services to Modernize its Fleet

Petroleum Air Services (PAS) plans to modernize its planes within 2017 for $80m.

Tarek El Molla Flew to Canada for PDAC Convention

Tarek El Molla, is participating in the Prospectors and Developers Association of Canada (PDAC) Convention in Toronto, Canada.

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