Vision 2030 | Egypt Oil & Gas
Sector Reforms Contribute to Rising Reserves, Economic Growth: El-Molla
The Minister of Petroleum, Tarek El Molla said that the ministry’s economic reforms have successfully contributed to increasing Egypt’s foreign exchange reserves to $44 billion, Egypt Oil & Gas reports...
Saudi Arabia to Increase Mining Revenue to $64B by 2030: Energy Minister
Saudi Arabia plans to increase its annual mining revenue to $64 billion by 2030, up from current revenues of $17 billion, energy minister Khaled Al-Falih announced on November 26, Reuters reported. “We are seeking to ...
ADNOC Sheds Light on 2030 Growth Strategy at Investor Forum
The Abu Dhabi National Oil Company (ADNOC) has arranged the first investor forum in Abu Dhabi, hosting 200 attendees to provide a clearer vision for its 2030 growth strategy, the Emirates News Agency reported. During ...
Egypt, US Trade Exchange Worth $5.6B in 2017
The volume of trade exchange between Egypt and the US reached $5.6 billion in 2017, recording the top trade exchange in Africa, and the sixth highest trade exchange volume in the Middle East, said Egypt’s petrol...
Saudi Aramco IPO by Early 2021: Crown Prince
Saudi Aramco’s initial public offering (IPO) will take place by 2021, Crown Prince Mohammed bin Salman has said. “I believe late 2020, early 2021,” he said during an interivew with Bloomberg. “The in...
Saudi Aramco to Spend $133B on Drilling over Next Decade
Saudi Aramco plans to spend $133 billion on oil and gas drilling over the next decade, a senior company executive revealed on September 17, Reuters reported. “We will spend more than half a trillion Saudi Riyals...
Saudi Aramco, Schneider Electric Sign Agreement on Digital Transformation
Saudi Aramco and Schneider Electric Saudi Arabia have signed a memorandum of understanding (MoU) that will see the two companies cooperate on Aramco’s Digital Transformation Program, according to a company press...
Ministry of Petroleum Gives Updates on Modernization Program
The modernization program team has finished the first stage of the resources and assets management system for both the Egyptian General Petroleum Corporation (EGPC) and the Egyptian Natural Gas Holding Company (EGAS),...
