New Investments

  • ExxonMobil Invests $6.5 B in UAE’s Upper Zakum

    ExxonMobil Invests $6.5 B in UAE’s Upper Zakum

    Wednesday, 13th November 2019

    President and UAE Lead Country Manager of Exxon (Al-Khalij) Inc. Christian G. Lenoble announced that ExxonMobil has invested around $6.5 billion in Upper Zakum oilfield since its involvement in the offshore field in 2006.

  • Apache Corp Plans Boosting Investments in Egypt – CEO

    Apache Corp Plans Boosting Investments in Egypt – CEO

    Sunday, 20th October 2019

    Apache Corporation ‘s President and CEO, John J. Christmann, said that the firm has plans to increase investments in Egypt through using cutting-edge oil and gas exploration technologies, citing Ahram Online.

  • Pearl Petroleum to Expand in Iraqi Kurdistan

    Pearl Petroleum to Expand in Iraqi Kurdistan

    Monday, 6th May 2019

    Pearl Petroleum plans to increase its investments in the Kurdistan Region of Iraq (KRI), according to Patrick Allman-Ward, Dana Gas CEO.

  • NPCC Wins Kuwaiti EPC Contract

    NPCC Wins Kuwaiti EPC Contract

    Monday, 12th November 2018

    Abu Dhabi’s National Petroleum Construction Company (NPCC) has won a $231-million engineering, procurement and construction (EPC) contract to install new desalter trains for the Kuwait Oil Company (KOC).

  • GE to Increase Investments in Egypt

    GE to Increase Investments in Egypt

    Thursday, 20th April 2017
    General Electrical plans to localize more of its manufacturing in Egypt and looks for another location to build a new facility, on top of the 5,000 square meters facility that is currently under construction.