North Sinai Adopts New Petroleum Plan

• Sunday, 21st April 2019
• by Sarah Samir

North Sinai’s Directorate of Supply and Internal Trading have applied a new plan to monitor the movement of petroleum products, deliver it to citizens, and prevent it from reaching terrorist groups, Fathy Rashed, head...

IFIC Increases Stakes in a North Sinai Field

• Tuesday, 27th February 2018
• by Sarah Samir

Egypt Kuwait Holding Company’s subsidiary, the International Financial Investments Company (IFIC), has increased its stake in NSCO Investments Limited Company, which owns the concession rights of the natural gas field...

Egypt Kuwait Holding Invests $650m in North Sinai Offshore Concession

• Saturday, 9th April 2016
• by Egypt Oil & Gas

The Egypt Kuwait Holding is investing $650m over the next five years to increase gas production from the Offshore North Sinai concession, Al Borsa reported. Shamel Hamdy, Member of the Board of Directors, said that pr...