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
IOCs | Egypt Oil & Gas - Part 6
IOC Investments in Oil & Gas Rise to $10B
Investments in Egypt’s oil and gas sector by international oil companies (IOCs) rose to $10 billion during 2017.
IOCs Increase Investments in Egypt by 22.7%
International oil companies (IOCs) increased their investments in Egypt to $8.1 billion during fiscal year (FY) 2016/2017, up 22.7% from the $6.6 billion invested in FY 2015/2016
Petrofac Signs New Agreements in Iraq
Iraq has awarded the UK-based company Petrofac a new contract and a contract extension of an existing agreement to provide engineering services to two international oil companies (IOCs).
Egypt Agrees on a $750M Seismic Survey
GANOPE agreed with five International Oil Companies (IOC's) six months ago to conduct a $750m seismic survey in the Red Sea
IOCs to Develop Iran’s Azadegan Oil Field
IOCs have presented technical surveys for the development of the Azadegan oil field. Petroleum Ministry Settles $2.2b to IOCs
The Egyptian Ministry of Petroleum has paid total $2.2b to IOCs in 3 weeks. Egypt Pays $750m to IOCs
Egypt paid total $1.5b in arrears to international oil companies (IOCs) in May and June.
SDX Announced Successful SD-1X Well Test at South Disouq
SDX Energy announced the results of the well test conducted on the SD-1X well following the recent natural gas discovery at South Disouq.
