investments | Egypt Oil & Gas - Part 37
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.
Egypt Accepted 6 IOCs’ Oil, Gas Bids for $200m
Egypt has accepted six bids from international companies to drill 33 wells in six different areas for a total investment of $200m.
Egypt Seeks $30b in Oil, Gas Investments
Egypt seeks $30b in foreign investments within the next three years.
China Considers Gas Investments in Mozambique
The China National Petroleum Corporation (CNPC) has announced that it is considering investing in construction facilities for natural gas exploration and processing in Mozambique.
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.
