Apache to invest $1.4B in Egyptian market in 2024

Mon, 21 Aug 2023 - 09:59 GMT

Christmann added that his company looks forward to the government's support to continue implementing its expansions in the Egyptian market, and to sustain its extended partnership with Egypt.

Sisi, Apache CEO review company's activities in Egypt

Wed, 17 May 2023 - 02:30 GMT

The talks tackled the company's current and future activities in Egypt in the fields of petroleum and natural gas, Presidential Spokesman Ahmed Fahmi said.

Apache Company increases rigs in Egypt to 17

Sun, 12 Feb 2023 - 03:16 GMT

“We have seen a high demand for oil, and we expect in the coming decades a high demand, as there are 10 percent of the world's population in need of an affordable energy price,” Christmann added.

President Sisi: Egypt seeks to enhance Apache’s activities investments in the republic

Mon, 14 Feb 2022 - 07:30 GMT

The American company’s efforts contribute significantly to the exploration and production of oil and gas, in a manner that supports this sector and contributes to Egypt’s transformation into a regional hub for the production and trading of energy in the Eastern Mediterranean.

Oil Ministry: Apache to invest $3.5B for exploration works at Western Desert

Mon, 27 Dec 2021 - 03:10 GMT

The Ministry of Oil said the agreement comes as part of joint efforts to develop and modernize the concession areas of Khalda Petroleum Company and Qarun Petroleum Company to achieve the optimum use of investment potentials in the region.

Egypt facilitates oil exploration for Apache as it expands investment

Wed, 14 Jul 2021 - 02:42 GMT

Egypt will eliminate any obstacles to the work of U.S. oil company Apache in Egypt as it expands oil exploration in the country, according to a Wednesday statement on the meeting of President Abdel Fattah el-Sisi and Apache’s CEO John Christmann.

Oil min. discusses Apache plans to increase production in Western Desert

Wed, 12 Feb 2020 - 01:24 GMT

This came on the sidelines of Egypt Petroleum Show (EGYPS 2020) held in Cairo on February 11-13.

Middle East after sale services to hit $200B: Boeing regional president

Tue, 04 Dec 2018 - 12:59 GMT

Only $90 billion will be generated from commercial sales, while the rest will be the revenues of the defense division.

Petroleum ministry: US Apache firm plans to invest $1 bln annually in Egypt

Tue, 21 Aug 2018 - 10:08 GMT

Minister of Petroleum Tarek el Molla has discussed with John J. Christmann, the Chief Executive Officer and President of US Apache Corporation.

Egypt to witness boom in oil, gas industry: APACHE CEO

Fri, 23 Mar 2018 - 08:03 GMT

International oil and gas company APACHE plans to drill 50 wells in Egypt through the national companies Khaleda and Qaroun.

U.S. investors target new projects in Egypt

Wed, 20 Sep 2017 - 02:09 GMT

Egypt will organize an investment forum in 2018 to showcase investment opportunities to potential American investors.

Business news wrap-up

Tue, 29 Aug 2017 - 04:55 GMT

A wrap-up for the most prominent news circulated during the day.

Business news wrap-up

Mon, 28 Aug 2017 - 05:09 GMT

A wrap-up for the most prominent news circulated during the day.

Business news wrap-up

Sat, 26 Aug 2017 - 06:06 GMT

A wrap-up for the most prominent business news of the day.

EGPC to issue oil exploration auction by 2017-end

Sat, 15 Jul 2017 - 09:49 GMT

Egypt signed 83 oil and gas exploration agreements over the past four years.