investments | Egypt Oil & Gas - Part 37
El Molla at EGYPS: Egypt’s O&G Sector Achieved Remarkable Progress
Speaking at the the Ministerial Dialogues panel of the Strategic Conference at EGYPS 2017, His Excellency Minister Tarek El Molla confidently pointed to the remarkable progress that the oil and gas industry in Egypt h...
Ismail: Energy is the Gate to Development
In his opening speech at Egypt Petroleum Show, the Egyptian Prime Minister, Sherif Ismail, said that energy is one of the most important ways to reach Egypt’s aspirations and goals towards development, Al Borsa ...
IOCs to Step up Investments in Egypt
At Egypt Petroleum Show (EGYPS 2017), major international oil companies (IOCs) said they plan to step up their investments in Egypt, expecting to find more oil and gas now that Eni’s giant Zohr gas discovery has...
Egypt’s Oil ,Gas and Mining Investments Increase by 3.9%
An official source at the Egyptian Ministry of Petroleum and Mineral Resources said that Egypt’s investments in oil, gas, and mining sectors rose 3.9 % to $15 b during the first quarter of financial year 2016/2017, Am...
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, reported Bloomberg. According to Eni’s CEO, Claudio Descalzi, the ...
Dana Gas Freezes Egypt’s Investment over Arrears
Chief Executive Officer of UAE’s Dana , Patrick Allman-Ward, said that the company will not inject new investments in Egypt because of delays in obtaining payments owed by the government, Reuters reported. The g...
Egypt’s Estimated Investments at $8b
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that “the investments of current fiscal year [2016/2017] are estimated to be $8b, and [it is] expected to further increase,”...
El Molla Opens Modernization Training Workshop
A press release to Egypt Oil&Gas stated that Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla opened a training workshop about the currently implemented project for developing and moderniz...
