pico | Egypt Oil & Gas

Xodus Appoints First General Manager for Egypt Office

Xodus Group appointed Salah Farid Tantawy as its first general manager in Egypt as it plans to boost its track record in the North African country and aims for new contracts.

BP Eyes Gas Production Rise in Atoll Field

BP eyes boosting Atoll field production from the current 200mcf/d to 300mcf/d of gas by December 2018.

NBE’s Loans to the Petroleum Sector Amount 40bn

Ayman Yassin, Head of Corporate Banking Group at the NBE told Daily News Egypt in an interview that the petroleum sector's loan for the fiscal year of 2014/2015 had reached 40bn, in comparison with 27bn in the fiscal ...

IFC to Give $50m Loan to Egypt’s PICO

IFC, a member of the World Bank Group, is providing a $50 million loan to Cheiron Finance Limited, a subsidiary of Egypt’s PICO International Petroleum, in an effort to bolster energy supplies in the Arab World's mos ...

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