El Molla Meets with Shell’s Deputy CEO

El Molla Meets with Shell’s Deputy CEO

A press release to Egypt Oil&Gas stated that Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Shell’s Deputy CEO, Samy Iskander, and  Shell Egypt’s Vice President & Country Chairman, Gasser Hanter, in the presence of   First Undersecretary of the Ministry for Gas and Geological Affairs, Mohamed Mounas, and First Undersecretary of the Ministry for Agreements and Exploration, Ashraf Farag.

During the meeting, El Molla discussed the work plans of Shell Egypt and the available opportunities in research and development, in addition to the possibility of  drilling new wells in the company’s concession in the Western Desert and the Mediterranean Sea.

Moreover, Shell representatives reviewed the company’s work programs in the Western Desert region and expedited the development of BTE-2 gas discovery in order to put it online as soon as possible. Shell is planning to increase its production from the Western Desert region and from the deep layers of the Rasheed region in the Mediterranean Sea.

Furthermore, El Molla stated that  Shell won exploration rights in the North Um Baraka concession in the Western Desert. The agreement will be  discussed in the House of Representatives to confirm inking it.

Mahinaz El-Baz 317 Posts

Mahinaz El Baz received her PhD degree in International Economics from Helwan University in 2022. She has +10 years of experience in journalism and economic analysis. She received the "Best Economic Article Award" in 2016 from CFA Society Egypt.

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