The Egyptian Ministry of Petroleum and Mineral Resources paid around $100m payment to IOCs in outstanding dues for buying their share of production of crude oil and natural gas produced from their concessions in Egypt,
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that international oil companies (IOCs) have agreed to speed up development of new discoveries.
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with heads of International Oil Companies (IOCs) to discuss possible investments in Egypt
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that Egypt's debt towards international oil and gas companies (IOC) increased from $3.2b to $3.58b as of the end of September.
Egypt's Minister of Petroleum and Mineral Resources, Tarek El Molla, said that the oil sector in the country is currently implementing a new strategy, which will offer new bid rounds, conclude agreements with IOCs, a ...
The Egyptian General Petroleum Corporation (EGPC) decided to postpone planned bid round until prices of Brent oil stabilize in international markets. The bid round was intended to be launched early 2016, offering 10 ...