investments | Egypt Oil & Gas - Part 36

NREA Denies Egypt Unattractive for Clean Energy Investments

The Executive Chairman of the New and Renewable Energy Authority (NREA), Mohamed El-Sobki opposed the new and renewable energy companies that had claimed that the sector is currently unattractive for investments.

Spain’s Gas Natural Fenosa to Invest $14.8b in Four Years

Spain's Gas Natural Fenosa plans to invest $14.8b in the next four years, mainly in distribution networks and power generation capacity. Most of the investment will go to Latin America, where the gas company aims to ...

Minister Calls for Concerted Efforts in Oil&Gas Industry

Speaking at the Annual Energy Conference on behalf of Egypt's Minister of Petroleum and Mineral Resources, Tarek El Molla, First Undersecretary at the Oil Ministry, Mohamed Tahir, said that the development of primary ...

El Molla: Adopted Reforms Stimulate Oil&Gas Investments

Egypt is implementing reform measures that stimulate foreign and Arab investments in the Egyptian oil and gas private sector, country's Minister of Petroleum and Mineral Resources, Tarek El Molla said on the sideline ...

Egypt’s Oil Minister Speaks at Offshore Technology Conference

Egypt's Minister of Petroleum and Mineral Resources, Tarek El Molla, participates as a key speaker at the Offshore Technology Conference, the world's largest offshore conference in the oil and gas industry, held in H ...

Eni Plans to Invest $22.5b in Africa Over Next Four Years

Italy's Eni plans to invest about $22.5b in Africa over the next four years, mostly in the oil and gas industry, the company's CEO, Claudio Descalzi, said. Currently, the Italian company is involved in projects in 15 ...

Oil Minister: Apache to Invest $1b in Egypt in FY 2016-17

Apache Corporation has allocated $1b in new investments in Egypt in its FY2016-17 budget, Oil Minister Tarek El Molla announced, following a meeting with Apache CEO, John Christmann, in Cairo.

Kuwait Energy Announces New Oil Exploration Investments in Egypt

Kuwait Energy CEO, Eng. Sara Akbar, said the company plans to pump more investments in the development of oil exploration fields in Egypt during the coming period, which comes in addition to company's investment port ...

Egypt, Saudi Aramco Ink Petroleum Deal for Five Years

Egypt has signed a deal with Saudi Aramco stipulating that the Saudi company would supply the country with petroleum products for five years, the Egyptian Ministry of Petroleum said in a statement.

Iran’s Oil Industry Is in Need of $200b in Investments

Iran's Ministry of Petroleum stated that the country's oil industry is in need of $200b in investments in the upstream and downstream sectors as the domestic fund are insufficient.

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