Minister of Petroleum and Mineral Resources Tarek El Molla met with a delegation from the African Export-Import Bank (Afreximbank) headed by Benedict Oramah, President and Chairman of the Bank.
Minister of Petroleum and Mineral Resources Tarek El Molla and the Minister of Water Resources and Irrigation Hani Sweilem held a meeting to discuss cooperation between the two ministries regarding licensing the provision of water needed for two petroleum projects that are being implemented to increase fuel production capacities and maximizing the added value.
United Oil and Gas Company (UOG) announced that it has encountered a total of 12.5 meters across the primary Abu Roash reservoir while testing ASD-3 development well located in Abu Sennan license onshore Egypt.
Wintershall Dea has found natural gas in its Disouq concession in the onshore Nile Delta. The step-out well (NSG-3) targeted the Abu Madi reservoir inside the Disouq concession under development lease. It follows a previous discovery in the East Damanhour exploration block in January 2023.
Chairman of Cooperation Petroleum Company (Copetrole) Nasser Shouman and the CEO and Managing Director of Orange Egypt Yasser Shaker have witnessed the signature of a memorandum of understanding (MoU) to provide digitalization services.
Shell Lubricants Egypt is preparing to launch the 7th edition of the Technology Leadership Conference under the slogan of “Together Powering a Better Future”.
Minister of Petroleum and Mineral Resources Tarek El Molla highlighted the importance of intensifying efforts to invest in the available opportunities to increase production and petroleum reserves.
UAE-based energy firm Dana Gas stated that it expects to start drilling 11 new wells in Egypt this year, and estimates that these wells will add up to 80 billion cubic feet of reserves and production.
Minister of Petroleum and Mineral Resources, Tarek El Molla, inaugurated the expansion of the North Geisum field in the Petrogulf concession area in the Gulf of Oil in the Eastern Desert, which witnessed a development and increase in production and reserves, as the field’s production jumped from 4 thousand to 19 thousand barrels of oil per day, and the proven reserves increased from 118 million to about 203 million barrels during the first half of the current year 2023.
The Pharaonic Petroleum Company held the second community consultation session to study the environmental impact assessment of the project to develop the deep Harmattan natural gas field in the offshore Borg concession area located in the Mediterranean Sea in Ras El Bar, Damietta Governorate.
