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Saudi Telecom in $2.4 bn acquisition of Vodafone Egypt
2020-01-29 01:00:00| Total Telecom industry news
Vodafone CEO Nick Read met with Egyptian Prime Minister Mostafa Madbouli on Tuesday to officially announce to the government that Vodafone had entered a non-binding agreement with Saudi Telecom (STC) for the sale of their 55% stake in Vodafone Egypt. The agreement values Vodafone Egypt at $4…read more on TotalTele.com »
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Egypt Signs Two Mediterranean Deals With Exxon Mobil
2020-01-28 15:28:23| OGI
The deals involve a minimum investment of $332 million, the petroleum ministry said in a statement.
Israel Starts Exporting Natural Gas To Egypt Under Landmark Deal
2020-01-15 15:19:34| OGI
Israel will initially export 200 million cubic feet of gas per day to Egypt, two Egyptian industry sources said.
Exxon Mobil Makes Over 1.7 Million-Acre Acquisition Offshore Egypt
2019-12-30 19:00:00| OGI
Exxon Mobil, which has had a long-standing downstream presence in Egypt dating back to the beginning of the 20th century, marked its foray into gas exploration in the country in February 2019.
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Egypt Awards Oil, Gas Exploration Concessions In Red Sea
2019-12-29 20:20:43| OGI
Egypt said on Dec. 29 that it awarded oil and gas exploration concessions in the Red Sea to Chevron, Royal Dutch Shell and Mubadala in an international tender.
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