Egypt Zeroes out IOC Arrears
Today, June 10, Egypt fully settled its arrears to foreign oil and gas partners, a milestone aimed at restoring investor confidence, stimulating new investment, and accelerating exploration and research activity, ...
Settlement | Egypt Oil & Gas
Madbouly: MoPMR to Settle 20%-25% Arrears in a Week
Prime Minister Mostafa Madbouly instructed Minister of Petroleum and Mineral Resources Tarek El Molla and Minister of Finance Mohamed Maait to begin paying 20% to 25% of the Ministry of Petroleum and Mineral Resou ...
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