CORRECTION- The EGPC owes UK’s Rockhoppers Exploration arrears of USD 1.9 mn, not USD 1.9 bn as we reported yesterday, for the latter’s interest in the Abu Sennan concession. We have since corrected the story on our website. Apologies for the clumsy fingers, folks.
More from Enterprise
CBE tightens oversight on NBFIs banking amid debate
The move comes amid a growing debate over the rapid…
Qatar’s Green Sky Capital secures financing for USD 200 mn SAF plant
The facility could add more than 10% to global SAF…
New tax bill heads to House ahead of July rollout
The new package scraps the contentious capital gains tax, overhauls…
Fawry overhauls subsidiary leadership with new Fawry Plus, Fawry MSME heads
The fintech pioneer taps Group CFO Abdelmeguid Afifi to run…