News / Egypt

Cabinet Approves EGPC, Lukoil Exploration Contract

In its meeting No. 257, the Cabinet approved a draft law authorizing the Minister of Petroleum and Mineral Resources Tarek El Molla to contract with the Egyptian General Petroleum Corporation (EGPC) and Lukoil Overseas Egypt.

Madbouly Reviews Egypt-China Cooperation Files

Prime Minister Mostafa Madbouly chaired the meeting of the “Ministerial Committee for the Unification of China”, in the presence of Mohamed Shaker, Minister of Electricity and Renewable Energy; Tarek El Molla, Minister of Petroleum and Mineral Resources; Mohamed Maait, Minister of Finance; and Yasmine Fouad, Minister of Environment.

KUFPEC, Shell Seal FOA in Egypt

BG International Limited, subsidiary of Shell plc., signed a Farm Out Agreement (FOA) with KUFPEC Egypt Limited (KEL), subsidiary of Kuwait Foreign Petroleum Exploration Company (KUFPEC).

Madbouly Chairs National Green Hydrogen Council 1st Meeting

Prime Minister Mostafa Madbouly chaired the first meeting of the National Green Hydrogen Council to present the executive status of green hydrogen projects.

El Molla Chairs EGYPES 2024 Supreme Organizing Committee Meeting

The Supreme Organizing Committee of the Egypt Energy Show (EGYPES 2024) in its seventh edition, held its first meeting under the chairmanship of Tarek El Molla, Minister of Petroleum and Mineral Resources.

Fertiglobe, AD Ports Sign Collaboration MoU

Fertiglobe announced that it has signed a non-binding MoU with AD Ports Group to explore logistics and supply chain opportunities for storing and shipping urea and ammonia at ports in Egypt and the UAE.

Petroleum Minister Chairs EMGF Workshop Roundtable on Decarbonization

Minister of Petroleum and Mineral Resources Tarek El Molla chaired an engaging roundtable organized by the Eastern Mediterranean Gas Forum (EMGF) in Cairo, with the participation of EMGF Secretary-General Osama Mobarez.

El Molla Chairs GASREG Meeting to Review Performance for 2022/23

Minister of Petroleum and Mineral Resources chaired the meeting of the Gas Regulatory Authority's (GASREG) Board of Directors at the Ministry’s headquarters in the New Administrative Capital.

Khalda’s Average Daily Production Reaches 220,000 boe in FY 2022/23

Saeed Abdel Moneim, Chairman of Khalda Petroleum Company stated that the company's average crecorded 220,000 barrels of oil equivalent per day (boe/d) during the fiscal year (FY) 2022/23 in light of the pumping of new investments amounting to about $1.2 billion.

Zohr Natural Gas Production Records 2.4 bcf in FY 2022/23

Belayim Petroleum Company (Petrobel) Chairman Khalid Mowafi announced that Zohr field production of natural gas reached 2.4 billion cubic feet (bcf) during the fiscal year (FY) 2022/23 in addition to about 3,700 barrels per day (b/d) of condensates.

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