bp to Invest $1.5B in Egypt
bp is gearing up to invest around $1.5 billion in Egypt, to develop gas projects and drilling over the upcoming three to four years, Reuters reported.
investments | Egypt Oil & Gas - Part 9
Egypt, Japan Seek Stronger Cooperation in the Energy Sector
Minister of Petroleum and Mineral Resources Tarek El Molla has held talks with the Japanese Ambassador Oka Hiroshi, in attendance of several Japanese officials, exploring investment opportunities available to Japa ...
TAQA to Inject More Investments in Egypt Over Next Two Years
Executive Vice President for Well Solutions at TAQA Amir Naseem has stated that Egypt is one of the strategic countries in which TAQA seeks to pump more investments during the coming two years.
IPR to Invest $110M in Drilling New Wells in Alamein, Fayoum
Minister of Petroleum and Mineral Resources Tarek El Molla and Chairman of IPR Mahmoud Dabbous have held a meeting to discuss the company’s results and latest projects on the sidelines of EGYPES 2024.
bp Drills Two Wells for Raven Field Development
bp CEO Murray Auchincloss has announced that the company is drilling two wells as part of its development plan for Raven field, highlighting the company’s interest in pumping more investments in its projects in Eg ...
European Commission Director General for Energy Praises Egypt’s Renewable Energy Potential
Director-General for Energy at the European Commission Ditte Juul Jørgensen has stated that Egypt has great potential for renewable energy that can be used and expand its projects.
El Molla: GPC’s Growth Reflects Clear Vision and Investment Boost
During the general assembly of the General Petroleum Company (GPC), Minister of Petroleum and Mineral Resources Tarek El Molla has explained GPC’s recent progress in production came as a result of a clear business ...
Egypt, Saudi Arabia’s ACWA Seal $4B Deal to Develop Green Hydrogen Project
Saudi-listed ACWA Power has announced that it has signed the framework agreement, to develop the first phase of a green hydrogen project in Egypt with a capacity of 600,000 tons per year of green ammonia, with inv ...
Egypt, Belgium Seek to Boost Energy Investments at COP28
Minister of Petroleum and Mineral Resources Tarek El Molla has met with the Belgian Minister of Energy, Timne Van der Straeten, on the sidelines of COP 28 discussing the available investment opportunities in Egypt ...
Petroleum Minister Reviews Progress of Baker Hughes’ Projects in Egypt
On the sidelines of COP28, Minister of Petroleum and Mineral Resources Tarek El Molla has held talks with the CEO of Baker Hughes Lorenzo Simonelli to discuss the latest developments of the company’s projects in E ...
