New Investments | Egypt Oil & Gas

ExxonMobil Invests $6.5 B in UAE’s Upper Zakum

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 ...

Apache Corp Plans Boosting Investments in Egypt – CEO

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 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

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

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.

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