investments | Egypt Oil & Gas - Part 39
El Molla Met with Japan’s Ambassador
In a press release to Egypt Oil&Gas, Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Japan’s Ambassador to Cairo, Takehiro Kagawa, to discussed bilateral cooperation between th...
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, Vanguard reported. India will provide the amount as upfront...
Shell Cut Burullus, Rasheed Investments
A source from the petroleum sector stated that 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, reported Dail...
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, th...
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, All Afric...
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 ...
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 3.62m b/d of crude oil, with 2.74m b/d in exports during July...
BP Eyes Gas Production Rise in Atoll Field
The Egyptian Minister of Petroleum, Tarek El Molla stated to Al-Borsa News that BP eyes boosting Atoll field production from the current 200mcf/d to 300mcf/d of gas by December 2018. BP has invested $3.8b in the devel...
