private sector | Egypt Oil & Gas
ADNOC Identifies $19B Worth of Local Manufacturing, Private Sector Opportunities
ADNOC (Abu Dhabi National Oil Company) announced today that it identified $19 billion worth of products it could manufacture locally in its procurement pipeline. During the Make it in the Emirates Forum taking place i...
SFE Offers Wataniya to Private Sector Investors
The Sovereign Fund of Egypt (SFE) has selected Wataniya Petroleum, a subsidiary of the National Service Products Organization (NSPO), to be offered to private sector investors as a first stage and then will be offered...
EMGF Second Meeting Concludes in Cairo
The Second Ministerial Meeting of the East Mediterranean Gas Forum (EMGF) was held in Cairo on July 24-25, as per the invitation of H.E Eng. Tarek El Molla, the Minister of Petroleum and Mineral Resources, Egypt Oil &...
Private Sector Companies Freeze Natural Gas Imports
Private sector companies stopped applying for natural gas import licenses as Egypt’s natural gas production grew to 6.8 billion cubic feet per day (bcf/d), achieving self-sufficiency with a surplus of exports, a gover...
ADNOC to Spend over $4.9B Locally in 2018
The Abu Dhabi National Oil Company (ADNOC) will increase its In Country Value (ICV) spending on local goods and services to more than $4.9 billion in 2018, PipeLine Oil & Gas Magazine reported. The amount spent wi...
IFC Continues Investments in Egypt’s Renewable Energy
International Finance Corporation’s (IFC) Director for the Middle East and North Africa Region, Mouayed Makhlouf, confirmed IFC’s commitment to Egypt’s energy sector and supporting the government’s agenda ...
Oil Minister: Egypt Is Committed to Improving Investment Climate
Speaking at the opening ceremony of the 8th Mediterranean Offshore Conference & Exhibition, Tarek El Molla, Minister of Petroleum and Mineral Resources, said that Egypt is committed to continue the development of ...
Saudi Plans Delayed as Credit Rating Drops with Oil Prices
Saudi Arabia’s cabinet has deferred for further study a decision on limiting the private sector work week to 40 hours, reported Trade Arabia. The Labour Ministry made the announcement on Twitter late on Thursday...
