oil projects | Egypt Oil & Gas

NIOC Plans Future Oil Projects

National Iranian Oil Company (NIOC) plans to implement new oil projects in the near future according to high ranking official Karim Zobeydi.

Egypt to Receive $1.5B Investment Loan

The African Export-Import Bank (Afreximbank) will provide a $1.5 billion loan to Egypt to fund investments including oil and petrochemical projects.

El Sisi Met with the CEOs of Global Oil Companies

Egypt's President, Abdel Fattah El Sisi, met with the CEOs of BP, Rosneft, and Eni to discuss the progress on the companies’ projects in Egypt.

Kuwait to Invest $115b in Oil Projects Despite Price Fall

Kuwait announced it plans to invest $115b on oil projects over the next five years, despite the slump in oil prices. Over $100b will be spent on the local market while the rest will be spent abroad.

Zambia Taking Tentative Steps to Tackle Power Problem

Zambia's President Edgar Lungu announced that Zimbabwe and his country have partnered to explore the possibility of developing a 1,800 Megawatt (MW) power station at Batoka Gorge in Southern Province with an estimate ...

Iran Charts Oil and Gas Priorities for Post-Sanction Era

The National Iranian Oil Company (NIOC) announced in a statement on Sunday that it has defined 21 top priority oil sector projects.

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