GANOPE agreed with five International Oil Companies (IOC's) six months ago to conduct a $750m seismic survey in the Red Sea
IOCs have presented technical surveys for the development of the Azadegan oil field.
The Egyptian Ministry of Petroleum has paid total $2.2b to IOCs in 3 weeks.
Egypt paid total $1.5b in arrears to international oil companies (IOCs) in May and June.
SDX Energy announced the results of the well test conducted on the SD-1X well following the recent natural gas discovery at South Disouq.
Egyptian arrears to IOCs decreased from $3.6b to $3.4b by end of April 2017.
Egyptian oil and gas taxes were estimated to reach EGP 44.17b in the new budget of fiscal year 2017/2018.
The Egyptian Tax Authority is in talks over applying VAT on IOCs in Egypt.
Egypt will repay half of its dues to international oil company during 2017.
The Egyptian Natural Gas Holding Company (EGAS) addressed banks to borrow EGP 2b
The Egyptian General Petroleum Corporation (EGPC) set payment exchange rate at EGP 17 for each $1.
International oil companies (IOC) operating in Egypt pay contractors at an exchange rate that is set weekly by the Egyptian General Petroleum Corporation (EGPC).
Egypt's arrears to international oil companies (IOC) decreased from $3.6b in September to reach $3.5b by the end of December 2016.
The Egyptian Ministry of Petroleum and Mineral Resources paid around $100m payment to IOCs in outstanding dues for buying their share of production of crude oil and natural gas produced from their concessions in Egypt,
Egypt owes $3.6b in backdated arrears to international oil companies (IOC), as the country plans to drill 12 new wells during 2017.
Egypt has signed 70 new oil and gas exploration agreements.
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that international oil companies (IOCs) have agreed to speed up development of new discoveries.
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with heads of International Oil Companies (IOCs) to discuss possible investments in Egypt
The Iraqi oil ministry launched a new tender to develop 12 small to medium-sized oil fields.
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that Egypt's debt towards international oil and gas companies (IOC) increased from $3.2b to $3.58b as of the end of September.