oil and gas | Egypt Oil & Gas - Part 14

Sub-Saharan Africa Loses $100b in Oil, Gas Capital

Capital investment in the oil and gas industry in sub-Saharan Africa has witnessed a cut by $100b over the next five years, according to Wood Mackenzie’s latest report on upstream activity.

‘Egypt Petroleum Show 2017’ Promises Largest Industry Gathering

‘The Egypt Petroleum Show 2017’ held under the high patronage of the President, His Excellency Abdel Fattah El Sisi, and support of the Ministry of Petroleum and Mineral Resources promises to be the largest oil & gas ...

Apex International Energy Opened in Cairo

Apex International Energy, a new independent oil and gas exploration and production company focused on Egypt, announced that it has opened offices in Cairo, Egypt and Houston, Texas.

India to Invest $15b in Nigeria’s Oil, Gas

The Nigerian Minister of State for Petroleum Resources, Ibe Kachikwu, has negotiated a $15b investment with the Indian government for the oil and gas sector.

Foreign Firms Invested $6.6b in Egypt’s Oil Sector

Foreign investments in Egypt's oil and gas sector during fiscal year 2015/2016 reached $6.6b.

Russia to Invest $20b in Venezuelan Oil

Russian energy giant Rosneft's CEO, Igor Sechin, met with the President of Petroleos de Venezuela, S.A. (PDVSA), Eulogio Del Pinothe, and the leadership of the country to discuss four cooperation agreements worth $20b.

Nigeria, Spain to Boost Energy Cooperation

Nigeria and Spain have agreed to form a bilateral association in oil and gas industry, Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Kachalla Baru, announced.

Oil Ministry: Egypt’s Oil&Gas Industry Is Stable

The Egyptian Ministry of Petroleum and Mineral Resources has assured that the oil and gas industry is currently stable despite decrease in global oil prices.

Canada Introduces New Programs to Increase Oil&Gas Output

Canada's sixth largest province, Alberta, has introduced two new incentive programs, directed at oil and gas companies, that aim to promote investing in new exploration and enhanced recovery of existing wells.

Croatia Secures $75m Onshore Oil Exploration Investment

The Croatian government has awarded two firms contracts for four onshore oil and gas exploration blocks in the country’s northern and eastern zones for a total investment of $75m.

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