investments | Egypt Oil & Gas - Part 36
IOCs to Step up Investments in Egypt
Major international oil companies (IOCs) said they plan to step up their investments in Egypt.
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.
