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Capricorn Energy to pay out USD 575 mn to investors. PLUS: carbon storage, new state-owned fintech, cars for expats
Capricorn has appointed Transglobe’s former CEO, Randy Nelly, to head the company
BP gets two new Mediterranean gas blocks
BP has been awarded gas exploration rights in two offshore blocks in the Mediterranean Sea, the company said in a…
Wintershall Dea exits Gulf of Suez oil concession
Wintershall Dea is now an ex-oil producer in Egypt: Wintershall Dea divested its stake in its Gulf of Suez oil…
Also on our radar on 11 March 2021
Hilton Hotels will open nine new properties in Egypt in the coming five years, adding another 1.7k rooms to its…
First oil and gas auction of ‘21 is also the first to use the new Egypt Upstream Gateway
24 oil and gas blocks up for grabs in the first auction of 2021: The Oil Ministry has kicked off…
Germany’s Wintershall DEA looking to invest USD 800 mn in Egypt through 2020
INVESTMENT WATCH- Germany’s Wintershall DEA is looking to invest USD 800 mn in Egypt through 2020, Oil Minister Tarek El…
Egypt talks investment options with Germany’s Wintershall DEA
The Oil Ministry met with a delegation from Germany’s Wintershall DEA yesterday to explore investment options, according to a ministry…