Egypt, Chevron Discuss Ways to Support E&P Cooperation

Egypt, Chevron Discuss Ways to Support E&P Cooperation

On the sidelines of his participation in CERAWeek, Tarek El Molla, Minister of Petroleum and Mineral Resources, met with Mike Wirth, Chairman and CEO of Chevron, the ministry said in a statement.

The meeting discussed ways to support and increase joint cooperation between the two sides. The two leaders reviewed Chevron’s activities in the fields of research, exploration and production (E&P), and its plans to increase production in the company’s concession areas, as well as ways to support efforts to develop petroleum resources, marketing activities and increase oil exports.

During the meeting, El Molla and Wirth discussed ways of accelerating the development of new discoveries and the transfer of gas from the eastern Mediterranean fields to be re-exported to Europe through Egyptian liquefaction facilities.

Sarah Samir 3376 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.

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