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Tag: UAE
CAFU

EGPC signs MoU with CAFU to bring Mobile Fuel Delivery Services to Egypt

Posted: February 16, 2020 at 1:08 pm   /   Oil & Gas

EGPC signs Partnership MoU with UAE based CAFU to bring Mobile Fuel Delivery Services to Egypt. Egypt will be the second international market the fast-growing startup expands to this year CAFU’s entry into the country aligns with Egypt Vision 2030 The Egyptian General Petroleum Corporation (EGPC), in the presence of the Minister of Petroleum and […]

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Mubadala-backed Alcazar Energy considers sale of Egypt, Jordan assets

Posted: January 20, 2020 at 4:02 pm   /   Renewables

Potential sale is precursor to firm raising another fund.  Governments seek to increase renewable-energy sources.  Alcazar Energy Ltd., backed by Abu Dhabi’s Mubadala Investment, is preparing the sale of some of their solar and wind assets in Egypt and Jordan, people with knowledge of the matter said. The renewable-energy developer is in talks with banks […]

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Borouge Egypt

Borouge sets up petrochemicals marketing company in Egypt

Posted: January 14, 2020 at 3:33 pm   /   Oil & Gas

Borouge, a UAE petrochemicals company, said that it has set up a new marketing company in Cairo, Egypt to support its MENA growth strategy. The company, which provides plastics solutions, is looking to meet customer requirements in the region and said the new marketing company reflects its strong business relationship with customers in this fast-growing […]

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Mubadala

Egypt’s Investment Minister, Mubadala Petroleum CDO discuss opportunities

Posted: December 19, 2019 at 8:58 pm   /   Oil & Gas

UAE encouraging companies to invest in Egypt – Mubadala CDO: The Emirati government is encouraging companies to increase their investments in the Egyptian oil and gas, renewable energy, and construction sectors, Mubadala Chief Development Officer Sheikh Mansour Al Hamed told Investment Minister Sahar Nasr during talks yesterday, according to a ministry statement. Mubadala’s Egyptian assets […]

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WEC

El Molla talks investment in Egypt with Heads of UAE Oil Companies at WEC

Posted: September 12, 2019 at 7:15 pm   /   Oil & Gas

Oil Minister Tarek El Molla met yesterday with Emirati Minister of State and CEO of the Abu Dhabi National Oil Company (ADNOC) Sultan Al Jaber to talk investing in Egypt’s oil and gas sector, according to a Ministry statement. El Molla also discussed the ongoing cooperation in airplane refueling in Egyptian airports with Emirates National […]

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Maridive

UAE-based investor Najjad Zeenni acquires $37 mn stake in Maridive

Posted: July 15, 2019 at 3:12 pm   /   Oil & Gas

Maridive & Oil Services’ board of directors has approved an offer by UAE-based investor Najjad Zeenni to acquire a USD 37 million stake in the company, the company announced in a statement. Zeenni, who is chairman, CEO and a 25% shareholder in Maridive subsidiary Valentine, will acquire a 12.8% stake in the company’s share capital. […]

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Dragon Oil

Egypt part of Dragon Oil’s $500 million regional investment budget?

Posted: October 14, 2018 at 6:52 pm   /   Oil & Gas

Egypt in line for a chunk of Dragon Oil’s USD 500 million regional investment budget? Emirates National Oil Company (ENOC) subsidiary Dragon Oil is planning to invest about USD 500 million next year in oil and gas assets as part of an international expansion strategy to boost its production to 300k bbl/d of oil by […]

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ENOC Jet Fuel

ENOC signs agreement with EGPC for marketing of jet fuel in Egypt

Posted: September 30, 2018 at 12:39 pm   /   Oil & Gas

The Egyptian General Petroleum Corporation (EGPC) and the UAE’s ENOC signed a commercial agreement allowing the company to enter the jet fuel activity in Egypt. This agreement comes in line with the directives of the political leadership of the two countries to enhance mutual cooperation and benefit from the expertise, capabilities and technologies available to […]

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ADIPEC

Energy CEOs Embrace Digitalisation as New Technology Transforms Global Oil & Gas Industry

Posted: June 19, 2018 at 1:18 pm   /   Oil & Gas

Effects Expected to Unlock USD 1.6 Trillion in Industry Value to 2025; World’s Top Energy Event Shifting Gears to Encompass Evolved Programme Addressing Artificial Intelligence, Blockchain, Robotics, Sensor Technology, Machine Learning, Deep Learning, Edge Computing and More. Digitalisation is the number-one trend driving CEO decision-making in the global oil and gas sector. According to recent […]

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ADNOC

Egypt’s PM discusses oil & gas cooperation with ADNOC chief

Posted: May 10, 2018 at 12:05 pm   /   Oil & Gas

Egypt’s Prime Minister Sherif Ismail met yesterday with the head of the Abu Dhabi National Oil Company (ADNOC) Sultan Jaber, according to a Cabinet statement. The two discussed oil and gas cooperation, as well as increasing Emirati investments in Egypt’s oil refining, petrochemicals, and LNG sectors. (Source: Enterprise.press)

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