News / Egypt

bp to Invest $3.5B in Exploration, Development in Egypt in the Next Three Years

President Abdel Fattah El Sisi met with Bernard Looney, CEO of bp, in the presence of Tarek El Molla, Minister of Petroleum and Mineral Resources, and Nader Zaki, the company's regional president for the Middle East and North Africa.

El Molla Inspects New Alamein Petrochemical Projects

Minister of Petroleum and Mineral Resources Tarek El Molla has inspected the new petrochemical projects in the industrial zone in New Alamein City for the commencement of the first phase of several essential projects involving the production of metallic silicon as well as soda ash and its derivatives.

El Molla,TransGlobe Discuss Ways for Boosting Investments in Egypt

Minister of Petroleum and Mineral Resources Tarek El Molla met a delegation from TransGlobe Energy headed by George Maxwell, CEO of the company, which carries out research, exploration and production of oil and gas as a major operator in its concession areas in the Eastern and Western Deserts.

IPR Energy Group Announces Major Find in Alamein, Western Desert, Egypt

IPR Energy Group (IPR) is pleased to announce a major find in the Alamein/Yidma Concession, where IPR holds a 100% Working Interest. This unprecedented find encountered 27 ft of net pay in the Lower Kharita reservoir, with an average production rate of 3,300 b/d at 36°API with less than 1% BS&W on a ½ in. choke.

Petrojet Completes TBM Installation for the Metro Line 4 Project

The Ministry of Petroleum and Mineral Resources announced that Petrojet has finalized the installation of the Tunnel Boring Machine (TBM) for the Cairo Metro Line 4 project.

AMOC, Orman Association Seal Cooperation Protocol for the Rehabilitation of the Palestine Village in Alexandria

The Alexandria Mineral Oils Company (AMOC) signed a cooperation protocol with the Orman Association to implement a project to rehabilitate the village of Palestine in Al-Amriya district in Alexandria.

Town Gas Establishes First Overseas Branch in Saudi Arabia

The Egyptian Company for Natural Gas Distribution (Town Gas), a firm which has played a pivotal role in delivering natural gas to facilities and homes, has completed the establishment of its first overseas branch in Saudi Arabia.

Nile Petroleum Marketing to Showcase its New Design for Lubricants in October

The Nile Petroleum Marketing Company will provide its distributors with new containers at the beginning of next October containing the advanced oils it produces to serve the engines with a distinguished brand that enjoys aesthetic appearance and ease of use.

Cheiron Makes Oil Discovery at Geisum, Tawila West Concession

Cheiron has announced a new oil discovery in the Geisum and Tawila West concession area in the Gulf of Suez.

El Molla Issues New Promotions, Transfers

Minister of Petroleum and Mineral Resources, Tarek El Molla, issued a movement of transfers and assignments that included heads, deputies, and managing director of petroleum sector companies.

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