Deal will start beginning of this year
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Posted inProducts & Services
Eni inks deal onshore Egypt
New acquisition ‘adds to list of exploration success’
Posted inNews
SacOil starts field development onshore Egypt
Total production was estimated at 350 barrels of oil per day
Posted inNews
Egypt pays another $350mn debt to BG Group
Government vows to repay total debt by April
Posted inNews
Egypt to boost refining capacity
Oil minister announced plans for daily production Capacity of 85,000 tonnes by end of 2020
Posted inNews
BP to invest $12bn in Egypt gas
Country manager BP Egypt said investment will be made over the next five years
Posted inNews
Egypt vows to repay debt in six months
Egypt owes $4.9bn in dept to foreign oil and gas companies
Posted inNews
Egypt to offer global tender for $1.5bn loan
The loan will go towards covering Egypt’s dept due to international oil and gas companies by the end of 2014
Posted inNews
Kuwait to increase crude oil exports to Egypt
The news come after the North African country received energy aid from Saudi Arabia, Kuwait and the UAE in the form of loans, grants and petroleum products