News / Egypt
Ad Ports Consortium Signs MoU to Establish Green Methanol Facility in Egypt
ADPORTS, Transmar, and Orascom Construction signed an MoU to develop a green methanol storage and export facility in Egypt. This project aims to supply low-carbon fuel for maritime shipping and potentially establish a global network for clean alternative energy storage.
Madbouly: MoPMR to Settle 20%-25% Arrears in a Week
Prime Minister Mostafa Madbouly instructed Minister of Petroleum and Mineral Resources Tarek El Molla and Minister of Finance Mohamed Maait to begin paying 20% to 25% of the Ministry of Petroleum and Mineral Resources' (MoPMR) arrears starting next week, with the late amount being scheduled over a period of time in agreement with foreign partners.
Egypt’s Fuel Supply Consumption Equivalent to $55B Provided by Oil, Gas Sector Annually: El Molla
Egypt consumes the equivalent of $55 billion worth of fuel supplies, which is provided by the oil and gas sector annually, at an actual cost ranging between $20-22 billion, Minister of Petroleum and Mineral Resources Tarek El Molla explained in a media statement on the Egyptian television station CBC.
Energean Encounters Success at the Abu Qir Infill Well Drilling Campaign in Egypt
Preliminary analysis indicates gas-initially-in-place (“GIIP”) volumes of approximately 87-129 Bcf1 based on the P90 to P10 range. The well also encountered a possible liquids column of around 55 feet of net pay that requires further analysis.
El Molla Inaugurates Phase I of SCADA Control Room in PPC
Minister of Petroleum and Mineral Resources Tarek El Molla has inspected the projects of automatic measuring devices for the Petroleum Pipeline Company's (PPC) line network.
Petroleum Minister Inspects NATA National Control Center
The minister examined the procedures followed to provide supplies and the requirements for increasing consumption of natural gas and fuel in light of the rising temperatures that the country is witnessing.
El Molla Inspects Mostorod Expansion Projects
Minister of Petroleum and Mineral Resources Tarek El Molla has visited the petroleum geographic region in Mostorod to follow up on the implementation status of new expansion projects in the region.
Apache Egypt Names Greg McDaniel VP-Egypt Assets, Country Manager
Apache Egypt has announced on May 26 that Greg McDaniel has been named acting vice president and country manager for the company's Egypt assets. This fills a vacancy created with the recent departure of his predecessor.
Egypt Receives 7 Offers to Acquire Wataniya Shares
Egypt has received seven international and local offers to acquire shares of the National Company for the Sale and Distribution of Petroleum Products (Wataniya), Egyptian Planning Minister Hala Al-Saeed told Al-Sharq.
