Masoud Karbasian, the CEO of the National Iranian Oil Company (NIOC) announced that the company said NIOC was planning to issue bonds worth IRR 20,000 billion to finance projects aimed at production enhancement an ...
The Chairman of the National Oil Corporation (NOC), Mustafa Sanalla, has met the CEO of ENI, Claudio Descalzi to discuss resuming the important projects which are suspended because of the lack of financial budgets ...
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has looked into the implementation situation for there giant projects including expansion project for Midor refinery in Alexandria, octane productio ...
Investments in oil production and refining projects in Assiut total EGP 43 billion to produce fuels such as gasoline and diesel.
Engineering for the Petroleum & Process Industries (Enppi) has signed contracts worth of EGP 16.4 billion in 2018, of which EGP 8.9 billion were directed for operations in Egypt and EGP 7.5 billion were directed a ...
Egypt saw a total of EGP 819 billion of investments from 2014 to 2020, of which 66% have been invested prior to December 2018 in 79 projects that cost EGP 540 billion.
Two seismic surveys in the Red Sea and southern Egypt have been carried out, which encourages the MoP to submit tenders to IOCs and promote exploration and production E&P in the region.
The 11 E&P projects in the oil and gas field will be located in the deep waters of the Mediterranean Sea, the Gulf of Suez, Delta and the Western Desert.
Egypt is carrying out six refining mega projects with $9 billion investments as a part of the oil and gas sector's Modernization Project.
The investments will be directed to several projects during fiscal year (FY) 2019/20, most importantly two exploration projects in cooperation with the Egyptian General Petroleum Corporation (EGPC) and WesternGeco ...
