Shell Lubricants Egypt to Launch the 7th Technology Leadership Conference
Shell Lubricants Egypt is preparing to launch the 7th edition of the Technology Leadership Conference under the slogan of “Together Powering a Better Future”.
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.
Minister of Petroleum and Mineral Resources, Tarek El Molla met with a high level delegation from WorleyParsons, the global engineering consultancy company.
Dana Gas, the Middle East’s largest regional private sector natural gas company, has received regulatory approval to increase foreign ownership in the Company’s shares, in line with the UAE’s new Commercial Companies Law that has abolished a requirement that UAE nationals own 51% of onshore companies.
Organization of Arab Petroleum Exporting Countries (OAPEC) has conducted its 110th ministerial meeting in Kuwait headed by the Naseer Aziz Gabbar, the representative of Iraq at OAPEC’s Executive Office as Iraq is the President for the current edition.
Prime Minister Mostafa Madbouly held a meeting with Minister of Petroleum and Mineral Resources Tarek El Molla and Minister of Supply and Internal Trade Ali El Moselhi to follow up on the progress of developing a system for trading and distributing petroleum products.
The meeting discussed the activities of the global company in the field of production, marketing and distribution of petroleum products, especially lubricating oils in Egypt, were discussed in light of the company's strong desire to expand this activity and transform Egypt into an export hub for the company's products to the African continent and the eastern Mediterranean region.