Zohr Total Investments Reach $10.6 B

• Wednesday, 28th August 2019
• by Mai El Ghandour

Zohr field’s total investments reached $10.6 billion, of which $3 billion were injected in fiscal year (FY) 2018/2019 after the field reached a production level of 2.7 billion cubic feet per day (bcf/d).

House to Pass Mineral Wealth Law Amendments Soon

• Monday, 10th June 2019
• by Editorial Team

Amendments to the mineral wealth law are expected to be passed by the House of Representatives during its current session.

Egypt to Partially Pay Oil Arrears

• Sunday, 9th April 2017
• by Sarah Samir

Egyptian Ministry of Petroleum will repay part of its arrears to IOCs in May.

Egypt Reviewed Fuel Subsidy Budget Allocations

• Wednesday, 4th January 2017
• by Sarah Samir

The Egyptian Ministry of Petroleum and Mineral Resources is reviewing fuel subsidy allocations for fiscal year 2016/2017 to decide on the amount it will be requested to increase the budget allocation.