Apex International Energy (Apex or the “Company”) has revealed an update on operations and commercial developments from its eight concessions (six operated) in the Western Desert oil producing region of Egypt for the first half of 2024.
On the sidelines of the Egypt-EU Joint Investment Conference, Prime Minister Moustafa Madbouly, met with Head of North Africa and Levant Region at the Italian company Eni Martina Opizzi and her accompanying delegation. The meeting was attended by Minister of Petroleum and Mineral Resources Tarek El Molla.
Minister of Petroleum and Mineral Resources, Tarek El Molla, issued a number of movements and assignments across the Egyptian oil and gas sector.
The company the strategic decision to divest from Egypt in late 2023 given the current economic and regional challenges.
Minister of Petroleum and Mineral Resources Tarek El Molla has met with James Robert Maguire, Managing Director and Partner at The Carlyle Group; Mathios Rigas, CEO of Energean; and Parminder Singh, Managing Director-International Energy at The Carlyle Group.
Minister of Petroleum and Mineral Resources Tarek El Molla has met with Bader Al Lamki, CEO of the UAE’s ADNOC Distribution Company, and his accompanying delegation.
Prime Minister Mostafa Madbouly has held a meeting with government officials to discuss solutions to power outages that were implemented as part of an initiative to reduce electricity load.
Badr El Din Petroleum Company (BAPETCO), under the patronage of Ashraf Abdel Gawad, the company’s Chairman, and Shamrendra Singh, General Manager & Managing Director, has announced the success of the Obaiyed site work team in completely eliminating the process of burning waste and recycling it, in cooperation with the solid waste recycling plant in Marsa Matrouh Governorate.
Petroleum Marine Services Company (PMS) has successfully concluded the first phase of offshore works for the South Fields Development Project in the Gulf of Suez.
Minister of Petroleum and Mineral Resources Tarek El Molla has held an extended meeting at the Egyptian Natural Gas Company's (GASCO) National Gas Control Center to follow up on the operational process in light of the heat wave that the country is witnessing, which resulted in a significant increase in consumption. During the meeting, different work scenarios were reviewed in light of the heat wave and how to confront it.
