IOCs | Egypt Oil & Gas - Part 5

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.

Egypt Close to Settling Foreign Petroleum Debts

Egypt is edging closer to repaying its debts to foreign petroleum companies after paying $1.2 billion to International Oil Companies (IOCs) operating in Egypt with plans to repay the remaining $1.2 billion owed be ...

Egypt to Repay $850M to IOCs

Egypt will repay $850 million in arrears to international oil companies (IOCs) operating in Egypt.

Egypt to Pay $200M in Arrears to IOCs

The Ministry of Petroleum and Mineral Resources will repay debts of $200 million to international oil companies in June 2018.

Egypt to Pay $250 M Arrears to IOCs in March

The Egyptian government plans to repay $250 million in arrears to international oil companies (IOCs) in March 2018.

El Molla: Egypt Planning to Make Arrears Payment

Egypt will make another payment toward its arrears to international oil companies (IOCs) before the end of 2017.

Egypt to Clear Back Payments to IOCs Within 2 Years

If Egypt maintains its current payment rate, it will pay down its arrears to international oil companies (IOCs) within two years.

Egypt to Continue to Pay Down Arrears

Egypt will make another payment toward its arrears to international oil companies (IOCs) before the end of 2017

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