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Honeywell backs USD 530 mn sustainable aviation fuel project
PLUS- Pico Petroleum and the Egyptian General Petroleum Company will invest USD 30 mn to drill four new wells in…
Pico and Kufpec want to invest USD 119.5 mn in Gulf of Suez exploration. PLUS: Equinox ups stake in Rameda, UAE embassy move, power generator plant
The two companies also requested 20-year licenses for the concession
MPs approve fresh borrowing, oil exploration
The government will borrow USD 500 mn from Deutsche Bank and Bank ABC to fund healthcare and education spending
More oil and gas exploration in the Med and Gulf of Suez
ExxonMobil, Kufpec and Pico Energy will partner with state energy firms to explore for hydrocarbons