investments | Egypt Oil & Gas - Part 38

Iran Exported 2.74mb/d of Crude in July

With $645m investments to revitalize Iran's oil recovery rates, the National Iranian Oil Company (NIOC) reported that the Islamic Republic is pumping 3.62mb/d of crude oil, with 2.74mb/d in exports during July.

BP Eyes Gas Production Rise in Atoll Field

BP eyes boosting Atoll field production from the current 200mcf/d to 300mcf/d of gas by December 2018.

China Eying Oil, Gas Investments in Sudan

The Sudanese Minister of Oil and Gas, Dr. Mohamed Zayid Awad, has stated that Chinese companies are willing to invest in Sudan's oil and gas industry, with reference that China already holds 75% of foreign oil invest ...

Oil Ministry: Egypt’s Oil&Gas Industry Is Stable

The Egyptian Ministry of Petroleum and Mineral Resources has assured that the oil and gas industry is currently stable despite decrease in global oil prices.

Oil Minister Visited Petrochem Factories in Alexandria

Egypt's Minister of Petroleum and Mineral Resources, Tarek El Molla, visited the petrochemicals projects in Alexandria governorate to follow up on the performance rate of the new projects and expansion plans.

Nigeria Loses 40,000MW of Energy over Hampered Gas Investments

Hampered gas investments resulting from oil companies' recorded deficit have deprived Nigeria of 40,000 MW of electricity generated from natural gas reserves.

Egypt Marks $7.7b Investments in New Oil Industry Projects

Egypt's Ministry of Petroleum and Mineral Resources stated in a report that the current investments in new oil industry projects amount to roughly $7.7b.

China, Nigeria Sign $80b Oil, Gas Infrastructure Development Deal

Chinese companies have agreed to invest $80b in oil and gas infrastructure projects in Nigeria.

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 ...

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