oil projects | Egypt Oil & Gas
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, Reuters reported. The decision is part of Afreximbank’s plan to loan...
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, Al Borsa reported. Presidential spokesman, Alaa Youssef, said that ...
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, Wafa Al-Zaabi, Head of Planning at Kuwait Petroleum, said. As the senior executive explained, over $...
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 est...
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. The NIOC added in the statement that the projects will be introduced to investors in ...Page 1 of 1
