The Minister of Petroleum and Mineral Resources, Tarek El Molla, praised the health, safety and environment (HSE) achievements of Petro Shorouk, which is responsible for Zohr field operations under the umbrella of Belayim Petroleum Company (Petrobel), in maintaining safe operations during COVID-19.

This came during the general assembly meetings of Petro Shorouk and Petrobel, chaired by El Molla, via video conference to approve the companies’ planned budget for fiscal year (FY) 2021/22.

El Molla stressed that rationalizing expenditures is key to achieve balance and increase production.

During the meeting, Khaled Mowafy, the Chairman of Petrobel, reviewed the features of Petro Shorouk planned budgets, in addition to the features of the planned budget of Petrobel for FY 2021/22.