Minister of Petroleum and Mineral Resources Tarek El Molla held a meeting with Rami El-Dokany, Chairman of the Egyptian Stock Exchange (EGX), and the heads of the petroleum sector companies listed on the EGX to discuss the enhancement of trading for shares of sector companies listed on EGX.
Chairman of Modern Gas Mohamed Qandil stated that the company has achieved revenues of EGP 2.45 billion in 2022 which increased by 9.6% compared to the previous year.
Minister of Petroleum and Mineral Resources Tarek El Molla praised the results of the Petroleum Marine Services' (PMS) work in the field of offshore petroleum construction and its significant role in implementing the goals of the ministry.
The Egypt Upstream Gateway (EUG) team organized a specialized technical workshop on developing the wells of aging oil fields and the best methods to optimize their exploitation.
The closing date of the latest Egyptian Natural Gas Holding Company (EGAS) bid round has been extended to the 1st of June, 2023.
Shell Egypt was an active participant in the third edition of She is Energy, held under the auspices of the Minister of Petroleum and Mineral Resources Tarek El Molla, with the aim of promoting and encouraging gender equality as well as highlighting the role of women in the energy sector. Shell's participation is a reflection of its strategy aimed at promoting women's inclusion and overcoming obstacles that women may face in their careers.
Minister of Petroleum and Mineral Resources Tarek El Molla has been invited to the attend Forbes Middle East Women's Summit 2023, which will be held this May to showcase the Egyptian petroleum sector’s achievements and progress, especially in empowering women and boosting its inclusion in the sector.
Minister of Petroleum and Mineral Resources Tarek El Molla has inaugurated the Marsa Alam plant, a field laboratory affiliated with the Mineral Resources Central Laboratories.
DNV, the global independent energy expert and assurance provider, signed a memorandum of understanding (MoU) with Petrojet, a leading regional Engineering-Procurement-Construction (EPC) contractor, to strengthen their collaboration for the energy transition in Egypt through the development of green hydrogen and its derivatives (including ammonia).
Minister of Petroleum and Mineral Resources Tarek El Molla has inaugurated a solar power station with capacity of 36 megawatts at the Sukari mine, in addition to batteries storage system with capacity of 7.5 megawatts to supply the mine.
