Egypt to Host 2015 Oil & Gas Summit next February

Source: Al Masry Al Youm 11/18/2014, Location: Africa

Egypt will host the 2015 Oil & Gas summit next February, where key operators and well-established international companies will gather to discuss Egypt’s upstream, midstream and downstream industry according to the International Research Networks (IRN) .

Senior representatives from GASCO, BP, RWE, Dana Gas, Apache, Vegas, Edison, Amal Petroleum, El Hamra Oil, South Abu Zenima Petroleum, Sinai Gas and Tanmia Petroleum will share their experiences in this summit, IRN said in a statement on Tuesday.

Recently, Egypt announced companies that were awarded blocks following the country’s 2013 bidding round which received great participation from international oil companies. The blocks awarded included two in the east Mediterranean frontier basin and two offshore the Nile Delta.

"The Egyptian government has committed to paying all the dues of foreign partners," Minister of Investment Ashraf Salman said on Monday, pointing to a proposal from the finance and petroleum ministries to issue bonds to repay foreign oil companies’ debts.

The minister of finance had previously said that the government is seeking to issue bonds ranging US$1billion to $1.5 billion to pay off the debts of foreign oil companies which exceed $6 billion.




Angola >>  8/11/2022 - Saipem has been awarded three new contracts (one onshore and two offshore) by the New Gas Consortium composed by two wholly owned subsidiaries of Azul...
Algeria >>  8/4/2022 - An engineering, procurement, and construction contract with Sonatrach for the Tinrhert EPC2 Development Project in Algeria has been provisionally awar...

Egypt >>  4/28/2022 - In the context of the Suez Canal Authority's efforts to promote yacht tourism in the Canal region, H.E. Admiral Osama Rabie, Chairman of the Suez Cana...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.