El Sisi Discusses Cooperation with Noble Energy
President Abdel-Fattah El-Sisi met with the CEO Noble Energy, David Stover, to discuss the firm’s exploration activities in the Egyptian oil and gas sector.
IOCs | Egypt Oil & Gas - Part 4
Egypt to Be a Must-Have Petroleum Investment Destination
Petroleum Intelligence Weekly announced Egypt to be a must-have petroleum investment destination for IOCs due to the Zohr giant gas discovery made by Eni in 2015.
Egypt Signs 51 Agreements Worth $27.2 B Petroleum Investments: El Molla
The new agreements will boost production capacities, expand E&P operations and contribute to social development in the areas of exploration.
Egypt Signs 12 Agreements with IOCs in 2018: El Molla
Egypt signed over 12 E&P agreements with IOCs during 2018, Minister of Petroleum Tarek El Molla said,
IOC E&P Investments to Reach $11B during FY 2018/19
International oil companies (IOCs) aim to increase exploration and production (E&P) investments to reach $11 billion by the end of fiscal year (FY) 2018/19, compared to $10 billion in FY 2017/18.
Petroleum Sector to Repay $1B to IOCs Each Year
The Egyptian oil and gas sector plans to repay $1 billion each year to international oil companies (IOCs) that work in Egyptian concession areas.
El Molla Meets with IOCs Heads
Minister of Petroleum and Mineral Resources, Tarek El Molla, met with heads of several international oil companies (IOCs) on the sidelines of the Abu Dhabi International Exhibition & Conference (ADIPEC 2018).
Oil, Gas Investments to Reach $10B in 2018/19
The Egyptian oil and gas sector is set to receive $10 billion investments in the fields of exploration and production (E&P) and development during fiscal year (FY) 2018/19.
Petroleum Ministry to Settle IOC Arrears by 2019 End
The Egyptian Ministry of Petroleum plans to settle total arrears for international oil companies (IOCs), which have reached $1.2 billion, by the end of 2019.
Egypt Spends Over $1.5B on Petroleum Products
Egypt spends over $1.5 billion monthly to secure local demand for petroleum products.
