Wintershall Dea’s total output, except from Russia, recorded at 321,000 barrel of oil equivalent per day (boe/d) in 2022. The company is further targeting moderate production growth to achieve 350,000 – 400,000 boe/d production in the midterm.
Minister of Petroleum and Mineral Resources Tarek El Molla has approved appointments within the petroleum and mining sector to support the relevant sites with the needed efficiencies to achieve the future targets and exchange necessary expertise.
During Egypt Petroleum Show (EGYPS 2023), ExxonMobil Egypt held student training workshops seeking to boost its social impact by building the capabilities of Egyptian youth. This came as part of its efforts to help support and develop the sector in Egypt.
The Suez Oil Processing Company (SOPC) awarded Cannon Artes an integrated desalination and demineralization plant for the modernization project of its Suez refinery.
Nasser Shoman, Chairman of the Nile Petroleum Marketing Company, announced that it has completed the development of 32 of its stations and aims to develop 20 other stations during the current year.
Minister of Petroleum and Mineral Resources Tarek El Molla has directed to work on increasing the number of converted cars to run on natural gas to 100,000 cars per year during 2023 as well as to accelerate the completion of the new gas stations and start operation.
On the sidelines of EGYPS 2023 and in partnership with the Rashid Petroleum Company (Rashpetco) and the Egyptian Liquefied Natural Gas Company (ELNG), Shell succeeded in obtaining the award for the best project in terms of health standards for its adoption of health risk assessment in its risk management process through Rashpetco.
On February 16, the Egypt Upstream Gateway (EUG) team organized a technical workshop titled "Egypt Opens Its Doors to Investment Opportunities in the Field of Research and Exploration," the Egyptian Natural Gas Holding Company (EGAS) reported.
Tarek El-Molla, Minister of Petroleum and Mineral Resources, met with Nola O'Brien, Ireland’s Ambassador in Cairo, to discuss cooperation between Egypt and Ireland in the fields of oil, gas and renewable energy, and investments.
Enppi has signed a memorandum of understanding (MoU) with SAP to cooperate on digital transformation for the sector’s companies in addition to providing training programs for the petroleum cadres.
