investments | Egypt Oil & Gas - Part 37

Sub-Saharan Africa Loses $100b in Oil, Gas Capital

Capital investment in the oil and gas industry in sub-Saharan Africa has witnessed a cut by $100b over the next five years, according to Wood Mackenzie’s latest report on upstream activity.

Sasol Drilled New Gas Well

Sasol Exploration and Production International has begun drilling a third well in its production-sharing agreement area in Mozambique.

Zarubezhneft Interested in Egypt’s Oil, Gas

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, discussed possible oil and gas investments opportunities with a delegation from Russian state-owned energy company Zarubezhneft.

Egypt Ranked 122 in Business Index

Egypt moved up 9 spots on the World Bank Group’s Doing Business report for 2017 to rank 122 out of 189 countries. In the group's 2016 report, Egypt ranked 131.

El Molla Met with Japan’s Ambassador

Egyptian Minister of Petroleum, Tarek El Molla, met with Japan's Ambassador to Cairo, Takehiro Kagawa, to discussed bilateral cooperation between the two countries along investments opportunities in the oil and gas s ...

India to Invest $15b in Nigeria’s Oil, Gas

The Nigerian Minister of State for Petroleum Resources, Ibe Kachikwu, has negotiated a $15b investment with the Indian government for the oil and gas sector.

Shell Cut Burullus, Rasheed Investments

Royal Dutch Shell reduced its investments in Burullus and Rasheed gas fields to $158.9m for maintenance and operating expenses over the current fiscal year.

Egyptian, Chinese Gas Associations Strengthen Cooperation

The Egyptian Gas Association (EGA) held a meeting with the Chinese Gas Association's (CGA) delegates, led by Wang Dong, the Chairman of the Beijing Enterprises Group Company Ltd.'s Board, and Li Ya Lan, the Chairman ...

Zanzibar to Directly Negotiate Oil, Gas Deals

Zanzibar, a Tanzanian archipelago off the coast of East Africa, will soon start direct talks with investors in the oil and gas sector, thanks to a new law to be passed by Tanzania’s House of Representatives.

Egypt’s Gas Outputs to Reach 6bcf/d by 2020

A recent report from Egyptian Natural Gas Holding Co (EGAS) stated that the Egyptian oil and gas sector is aiming to increase the country's production of natural gas gradually from 4bcf/d to reach 6bcf/d of gas by 2020.

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