Egypt

EMRA, Aton Resources Establish Abu Marawat Gold Mines Company

Minister of Petroleum and Mineral Resources Tarek El Molla has attended the founding assembly of the Abu Marawat Gold Mines Company as a joint venture (JV) between the Egyptian Mineral Resources Authority (EMRA) and the Canadian company Aton Resources.

North Petroleum pledges $78mln investment in Egypt’s Western Desert

North Petroleum International Company (NPIC), the Egyptian subsidiary of Zhen Hua Oil, has pledged

British Harbour Energy Acquires Wintershall Dea’s Nile Delta and Mediterranean Concessions

Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Harbour Energy CEO Linda Cook to witness the signing of an agreement for the British company Harbour Energy to acquire the concession areas of the German company Wintershall Dea in Egypt.

Rosetta for Energy Solutions inks an MoU with Elsewedy Industrial Development for LNG Supply in Tanzania

Rosetta for Energy Solutions, a subsidiary of TAQA Arabia specializing in investment, development, and operation of LNG value chains, announced the signing of a Memorandum of Understanding (MoU) with Elsewedy Industrial Development, a subsidiary of Elsewedy Electric

Egypt to Launch New Pipeline Costing $36M to Transport Fuel on Mediterranean Coast

Egypt's Ministry of Petroleum and Mineral Resources is planning to launch a new pipeline for transporting petroleum products along the Mediterranean coast

Petroleum ministry dispels rumors about withdrawing Eni's drillship from Zohr

The drillship has been operating in the North East Hapy Offshore in the Mediterranean

Egypt to pay 20% of foreign oil companies’ $4.5 Billion dues by June

As of March, arrears to international oil and gas companies were estimated to hover at around USD 6.25 billion, of which USD 1.5 billion — approximately 20% — were settled after the inflow of hard currency from the country IMF and Ras El Hekma deals

Egypt receives seven offers to buy Wataniya company for petroleum products

Egypt received seven international and local offers to acquire shares in the National Company for Petroleum Products Marketing and Distribution (Wataniya)