UAE | Egypt Oil & Gas - Part 49
UAE Peaceful Nuclear Program Takes Step Forward
The Emirates Nuclear Energy Corporation (Enec) has filed the Operating License Application (OLA) for Barakah Units 1 & 2 with the UAE’s Federal Authority for Nuclear Regulation (FANR).
UAE’s ADNOC Plans to Invest EGP 10 Billion in the Petroleum Sector
ADNOC UAE plans to inject investments an estimated EGP 10 billion into the Egyptian market over the next five years.
UAE’s Iran Shah Gas Project to Begin Production this Year
The Shah gas project which began operations this year in the United Arab Emirates will achieve full production in the second quarter, earlier than expected
UAE Workshop on ICT Solutions for the Energy Sector
Leading telecommunications operator in the UAE Etisalat hosted a one-of-its-kind industry event which shed light on information and communication technology (ICT) solutions for the country’s modernised energy sector.
Gulf States Compete to be Top Investor in Egypt, Despite Oil Price Crunch
Of the Gulf Cooperation Council (GCC) member-states, the UAE stands out for being a major contributor to enhancing the Egyptian economy.
ENOC in Bid to Buy Remaining Shares from Dragon Oil
Dragon Oil has been made an undisclosed offer for its entire share capital by fellow Dubai-based Emirates Nation Oil Company (ENOC).
UAE Based Dana Gas Promised Full Repayment by Egyptian Government by 2016
Dana Gas, an energy firm based in the United Arab Emirates, could recover all of its outstanding arrears from the Egyptian government by next year, its Group Chief Executive Patrick Allman-Ward said.
Dana Gas Affirms Commitment to Egypt at March Summit
Dana Gas will invest $350 million (Dh1.28 billion) in Egypt over the next 30 months and expects to receive outstanding arrears from the government by the end of 2016, the company’s chief executive said on Saturday.
