private sector

  • SFE Offers Wataniya to Private Sector Investors

    SFE Offers Wataniya to Private Sector Investors

    Thursday, 10th December 2020

    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 in its privatization plan, Minister of Planning and Economic Development and SFE Chairperson, Hala El-Said, stated.

  • EMGF Second Meeting Concludes in Cairo

    EMGF Second Meeting Concludes in Cairo

    Thursday, 25th July 2019

    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.

  • Private Sector Companies Freeze Natural Gas Imports

    Private Sector Companies Freeze Natural Gas Imports

    Monday, 11th March 2019

    Private sector companies stopped applying for natural gas import licenses as Egypt’s natural gas production grew to 6.8 bcf/d achieving self-sufficiency with surplus of exports.

  • ADNOC to Spend over $4.9B Locally in 2018

    ADNOC to Spend over $4.9B Locally in 2018

    Sunday, 18th November 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.

  • IFC Continues Investments in Egypt’s Renewable Energy

    IFC Continues Investments in Egypt’s Renewable Energy

    Tuesday, 20th September 2016
    The International Finance Corporation confirmed it's commitment to Egypt’s energy sector and supporting the government’s agenda of promoting private, sector-led, renewable energy projects.
  • Oil Minister: Egypt Is Committed to Improving Investment Climate

    Oil Minister: Egypt Is Committed to Improving Investment Climate

    Wednesday, 20th April 2016
    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 private investment climate in the oil and gas industry to support cooperation with international oil companies.
  • Saudi Plans Delayed as Credit Rating Drops with Oil Prices

    Saudi Plans Delayed as Credit Rating Drops with Oil Prices

    Sunday, 1st November 2015
    Saudi Arabia's cabinet has deferred for further study a decision on limiting the private sector work week to 40 hours
  • UK Helps Iran with EOR as Iran Develops Scottish Gasfield

    UK Helps Iran with EOR as Iran Develops Scottish Gasfield

    Monday, 21st September 2015
    According to Press TV the United Kingdom will pay Iran the country’s share of revenues from Scotland’s offshore Rhum Gas Field, but only after sanctions on the Islamic Republic are lifted.
  • Nigeria Takes Deregulation Advice from Private Sector Reformer

    Nigeria Takes Deregulation Advice from Private Sector Reformer

    Sunday, 23rd August 2015
    Dr Emmanuel Kachikwu, the new Director of the Nigerian National Petroleum Corporation (NNPC), called for the full deregulation of Nigeria’s oil and gas secto
  • EGAS Issues Regulations Governing Private Sector Importation of LNG

    EGAS Issues Regulations Governing Private Sector Importation of LNG

    Wednesday, 29th July 2015
    EGAS issued its directives governing the private sector importation of liquefied gas, which include providing data on the importer (the applicant), the source of imported gas, potential gas consumers and technical specifications about the type of gas.