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PICO RBL

Sector: Water Supply and Storage • Location: Egypt, Arab Republic of

Source: International Finance Corporation (IFC)

Project
Active

The project is to support the continuing operations in Egypt of the hydrocarbon exploration and production branch of the PICO Group, PICO International Petroleum Group (‘’PICO E&P’’), including funding: (i) additional development investments (CAPEX) to delay the production decline of its mature Amal and Zaafarana fields, located offshore Gulf of Suez; (ii) exploration capex in the Company’s existi

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The project “PICO RBL” is an infrastructure initiative in the Water Supply and Storage sector, located in Egypt, Arab Republic of. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

active

Taiyo status

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

The project is to support the continuing operations in Egypt of the hydrocarbon exploration and production branch of the PICO Group, PICO International Petroleum Group (‘’PICO E&P’’), including funding: (i) additional development investments (CAPEX) to delay the production decline of its mature Amal and Zaafarana fields, located offshore Gulf of Suez; (ii) exploration capex in the Company’s existing licenses (minimal); (iii) refinancing and repayment of existing debt; and (iv) general corporate purposes including potential acquisitions approved by IFC.

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Budget

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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