Apache plans to invest $3.5bln in Egypt over the next five years for exploration and production in its concessions in the ...
Lukoil has pledged to invest at least $22.5 million in oil extraction and drill a minimum of six wells. Egypt’s Oil Ministry ...
Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...
When the deal closes, UEG's gross production in Egypt in 2024 will reach 39,000 boe/d, putting the company among the top 10 ...
The National on MSN5mon
Egypt announces new incentives to halt oil and gas output declineEgypt has announced ... (EGPC), and US oil and gas producer Apache, announced on Tuesday an oil discovery in the Kalabsha ...
Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...
Bluewater, a specialist energy private equity firm based in UK, has signed a purchase agreement for the sale of Apex ...
focusing on development programs in the Eastern Desert and Gulf of Suez oil fields. The ministry is also reviewing offers from international companies to explore and develop new concessions and ...
Mohamed Shubek, a 47-year-old farmer living in Fayoum, nearly 100 kilometres south of Egypt’s capital, Cairo, remembers when his field was productive ... and its olive oil production accounts ...
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