During the general assembly, Mohamed Ibrahim, the Chairman of Sidi Kerir Petrochemicals Company (SIDPEC) presented the proposal, which was approved by the attendees, of increasing the company capital by EGP 301.4 million, from EGP 1.512 billion to EGP 1.8144 billion, distributed on EGP 756 million interest share.
During the weekly press conference that followed the government meeting at its headquarters in New Alamein, Prime Minister Mostafa Madbouly has answered a number of inquiries from journalists and media professionals, which addressed some of the raised issues that concern public opinion.
Minister of Petroleum and Mineral Resources Karim Badawi has visited the Cypriot capital, Nicosia, at the invitation of his Cypriot counterpart Giorgos Papanastasiou in order to exchange visions between the two sides.
The Ministry of Petroleum and Mineral Resources (MoPMR) has opened an integrated project to support inclusive education in Damietta in attendance of social responsibility officials from the Ministry, the Chairman of Misr Fertilizers Production Company (MOPCO) Ahmed Mahmoud, and other relevant authorities.
Fertiglobe has announced the final rubber stamp to a green ammonia offtake contract with HINT.CO GmbH’s.
The Chairman of Petroleum Marine Services (PMS) Amr Badawi has inspected the marine PMS 11 unit at West Burullus field in Idku to follow up on the laying of offshore pipeline with diameter of 14 inch as part of the project of developing west burullus field.
Prime Minister Mostafa Madbouly has held a meeting to review the needs of the oil and gas sector, as well as efforts to increase petroleum products. This was in the presence of Hassan Abdullah, Governor of the Central Bank of Egypt (CBE); Karim Badawi, Minister of Petroleum and Mineral Resources; and Ahmed Kouchouk, Minister of Finance.
Helwan Fertilizer Company has assigned Enppi the consultant work for the project to establish a melamine production plant with a production capacity of 60,000 tons annually.
Assiut National Oil Processing Company (ANOPC) and the Egyptian Company for Project Operation and Maintenance (EPROM) have signed an agreement to provide services for the preparation phases for the trial operations of the Diesel Complex in Assiut.
