Maridive Company announced that it has been awarded a year contract for supporting petroleum exploration and production operations in Egypt with total investments of $17.8 million.
The Egyptian General Petroleum Corporation (EGPC) has successfully implemented a number of projects using solar energy instead of diesel in operating oil production wells at the sites of NORPETCO and PetroFarah companies in the Western Desert, as well as Offshore Shukheir Oil Company (OSOCO) in the Eastern Desert.
Minister of Petroleum and Mineral Resources Karim Badawi has met with the Hany Esmat, the CEO and Country Head of Operation at Petronas Egypt where they discussed the joint projects and investment for developing natural gas production through the two projects of tenth phase and eleventh phase for developing the West Delta fields in cooperation with Shell company.
Minister of Petroleum and Mineral Resources Karim Badawi has stated that Egyptian global partnerships in the field of research, exploration and production have a long process of building and achieving success stories, and that the new government is working to invest these successes in achieving a steady increase in production.
Head of the Health, Safety, and Environment (HSE) Committee at the Ministry of Petroleum and Mineral Resources (MoPMR), Gamal Fathy, accompanied by Salah Riad, the Egyptian Petrochemicals Holding Company’s (ECHEM) Chairman Assistant for HSE, has conducted an inspection visit to the Wood Technology Company (WOTECH) factory in the Idku area in Beheira Governorate, which is currently being operated experimentally.
Officials from Pharos Energy Company stated that they are looking forward to double production from its concession areas in Egypt from 3,000 barrels per day (bbl/d) to 6,000 (bbl/d).
Head of the Health, Safety, and Environment (HSE) Committee at the Ministry of Petroleum and Mineral Resources (MoPMR), Gamal Fathy, accompanied by Salah Riad, the Egyptian Petrochemicals Holding Company’s (ECHEM) Chairman Assistant for HSE, has made an inspection visit to the Egyptian Ethylene and Derivatives Company (ETHYDCO) in Alexandria.
Minister of Petroleum and Mineral Resources Karim Badawi has met with Apache’s CEO Greg McDaniel to discuss the company’s activities and business plan for increasing natural gas production from its concession areas in Egypt during the coming period.
Minister of Petroleum and Mineral Resources Karim Badawi has met with a delegation of leaders from Chevron, one of the largest companies in the world in the energy sector within the framework of the meetings and interviews that the Minister holds with investment partners in oil and gas production.
Minister of Petroleum and Mineral Resources Karim Badawi has reviewed the business of some mining companies working in Egypt, including the Lotus Gold Mining Corporation and Capital Drill Company, and explored their plans for the coming period in addition to changing visions about the investment climate.
