The Egyptian Minister of Petroleum, Tarek El Molla, issued a new appointment assigning Waseem Abdel Salam Wahdan the role of head of Petroleum Trading Services Company (Petrotrade), Amwal Al Ghad reported.
Wahdan was appointment in replacement of Gamal Khaleef, who reached the legal retiring age.
The MSD-21 well is the first spud in a 12 well development campaign, fully funded, located on the Meseda and Rabul oil fields in Egypt's West Gharib concession, which is located in the Eastern Desert.
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
Minister of Petroleum and Mineral Resources, Tarek El Molla, showcased the accomplishments of Egypt’s petroleum sector over the past seven years in a symposium of the Egyptian Petroleum Association Under the title "The Petroleum Sector as a Main Engine for Economic Growth”.
The first phase of the expansions includes the new butane treatment unit and the new power plant and water treatment plant to serve the expansion project that is currently accelerating its operational work.
Loading ...| Commodity CMDTY | Units | Price | Change |
| Crude Oil (WTI) WTI | USD/bbl | 83.42 | +1.39% |
| Crude Oil (Brent) Brent | USD/bbl | 85.71 | +1.00% |
| NYMEX Natural Gas | USD/MMBtu | 5.11 | -5.51% |
| OPEC Basket Price | USD/bbl | 82.50 | +0.87% |
Last Modified October 18, 2021
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