Minister of Petroleum and Mineral Resources Tarek El Molla has met with Cederic Cremers, Shell International's Executive Vice President of Global LNG, and Dalia El Gabry, President of Shell Egypt.
Badr El Din Petroleum Company (Bapetco), headed by Chairman Ashraf Abdel Gawad, has signed a cooperation protocol with the Arab Academy for Science, Technology & Maritime Transport (AASTMT) in the field of training and scientific research, El Ahram Newspaper reported.
Minister of Petroleum and Mineral Resources Tarek El Molla has inaugurated the roundtable meeting, which was held under the title "Digital Transformation: Accelerating Efficiency in Oil & Gas Operations" and organized by Egypt Oil & Gas Group and technically prepared by the Egypt Oil & Gas Committee.
Minister of Petroleum and Mineral Resources Tarek El Molla has attended the demonstration of a practical drill to simulate an emergency response to a marine pollution crisis involving petroleum products.
Minister of Petroleum and Mineral Resources Tarek El Molla has met with Roberto Ebert, the Chilean Ambassador to Cairo; Julio Friedmann, CEO of Chile's ENAP Sipetrol; and Denisse Abudinén, Chief Executive of ENAP Sipetrol and Managing Director of the company in Egypt.
Egypt Gas has decided to limit what has been paid in the contribution share amount of $3.18 million in the capital of the Egyptian Company for Bioethanol, amounting to $42.4 million. Hence, the contribution of Egypt Gas to the Egyptian Company for Bioethanol is now 7.5%.
The company reported strong financial performance in Q1 2024, with revenue of $193 million and a gross profit margin of 44%. This translated to a significant year-over-year increase of 4.3% in net profit, reaching $62.6 million.
Chairman of the Suez Canal Economic Zone (SCZONE) Waleid Gamal El-Dein has signed a memorandum of understanding (MoU) with the Rotterdam Foundation.
