Gulf Oil and Gas accountACCOUNT

Apache to Invest $1b in Egypt in FY 2016-17

Source: www.gulfoilandgas.com 4/8/2016, Location: Africa

Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received John Christman Apache’s CEO, Stephen Riney and Timothy Sullivan , Executive Vice Presidents, during their visit to Cairo with the presence of Thomas Maher, Egypt Region and General Manager, where they discussed the activities of the company's branch in Egypt, and its joint companies with EGPC, Khalda and Qarun ,following up investments’ status and plans for fields development and production.

The Minister pointed out that the visit of the US delegation confirms Apache’s interest in its presence in Egypt to continue its exploration and development operations through its affiliated companies to increase concession areas for exploration, noting that the company has spotted $ 1 billion , as investments for the fiscal year 2016/2017.

For more information about related Opportunities and Key Players visit Egypt Oil and Gas Projects

Investment News in Egypt >>

Tunisia >>  3/31/2020 - Zenith Energy Ltd., has signed a non-binding Letter of Intent ("LOI") with an Arab consortium of strategic institutional investors focused on African ...
United Kingdom >>  3/30/2020 - Operator Siccar Point Energy E&P Ltd, and its joint venture partner, Shell UK, have announced the deferral of the planned sanction date for the Cambo ...

Norway >>  3/23/2020 - Aker BP is updating its investment program and financial framework in order to secure additional financial optionality in response to the high uncerta...
United Kingdom >>  3/13/2020 - Reabold, the AIM investing company which focuses on investments in pre-cash flow upstream oil and gas projects, notes the following with respect to cu...

Argentina >>  3/12/2020 - President Energy, the energy company with a diverse portfolio of production and exploration assets focused primarily in Argentina, provides an update ...
United States >>  3/12/2020 - Murphy Oil Corporation has revised its capital spending plans for 2020 given current market conditions and recent commodity price volatility. ...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Egypt Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.