Oil | Egypt Oil & Gas - Part 90
Egyptian Investment Minister Expects FDI to Double, Promises Greater Reforms
Egypt expects the amount of foreign investment it attracts to double to $8 billion this fiscal year and is preparing a string of reforms to raise that further in coming years, its investment minister said on Monday.
South Africa’s PetroSA Plans to Lay Off 40% of Workers
South Africa's state oil company PetroSA plans to reduce its workforce by up to 40% because of declining revenues and slow progress on its oil refinery project, Business Day newspaper reported on Monday.
Manouchehri: Iran Can Now Design-Build Pipelines, Rigs and Installations
Iran achieves self-sufficiency in the construction of Persian Gulf gas installations, says official.
Ganoub El-Wadi Makes New Oil Discovery
Ganoub El Wadi Petroleum Holding Company announced a new petroleum discovery 30 km from Hurghada.
Petroleum Prices to Increase before FY 2015/16
Egypt's government aims to increase the prices of petroleum products before fiscal year 2015/16, according to Al-Mal newspaper. The decision represents the second phase of the five-year plan for the gradual reduction ...
Congo Seeks Share of Uganda’s Crude Export Pipeline
The Democratic Republic of Congo wants to participate in the development of the proposed crude oil export pipeline on the Ugandan side of the Lake Albertine rift basin, Uganda’s energy and minerals minister said on W ...
ProSep Osorb Media Technology for Qatar and Oman
Houston-headquartered ProSep, the oil, gas and water treatment specialist, has launched an Industry Technology Facilitator (ITF) joint industry project (JIP) with Qatar Petroleum (QP) and Petroleum Development Oman ( ...
Turkish Firms to be Excluded from Half of Libya
Libya's internationally recognised government has said it will end all contracts with companies from Turkey, a country it has accused of supporting a rival administration.
