Petroleum Safety and Environmental Services Company (PetroSafe) and Chevron have discussed means of cooperation in line with Chevron' strategy to expand its exploration and production (E&P) in Egypt during the upcoming period.
bp and joint venture partner Pharaonic Petroleum Company have awarded a 3D seismic imaging project ti CGG for the first OBN survey to be conducted in the Nile Delta's Atoll field.
United Oil & Gas Plc announced that it has encountered primary and secondary reservoirs while drilling ASV-1X exploration well in the Abu Sennan licence.
Petroleum Safety and Environmental Services Company (PETROSAFE) carried out a simulation training (Mahrousa) to combat petroleum pollution of the second level in Hurghada as part of Egypt’s Sustainable Development strategy.
On the sidelines of Egypt Mining Forum 2022, the Chairman of Shalateen Mining Company Ashraf El Amir said that he expects that the Iqat mine will start production during Q4 2022.
CEOs and leaders of top mining companies have emphasized the role of the Egyptian government in developing the mining sector which attracted foreign investments in Egypt and expanded participation in gold mining bid rounds.
On the sidelines of the Egypt Mining Forum 2022, the Egyptian Mineral Resources Authority (EMRA) has signed three memoranda of understanding (MoUs) for developing the Egyptian mining sector.
Suez Canal Authority (SCA) Chairman Osama Rabie announced that navigation data in the Suez Canal’s revenues achieved an unprecedented record during the fiscal year (FY) 2022/21 reaching $7 billion which is the highest in its history.
Minister of Petroleum and Mineral Resources Tarek El Molla has invited the international mining companies to invest in the concessions area of Shalateen Mining Company for exploring gold and metals, especially after the Iqat discovery which confirms the existence of gold reserves in these areas.
Minister of Planning and Economic Development Hala El-Said stated that public investments directed to the sector reached EGP 437 billion during the previous eight years from 2014/15 to 2021/22, compared to EGP 152 billion pounds during the preceding eight years from (2006/07 to 2013/14), with a growth rate of 188%.
