Minister of Petroleum and Mineral Resources, Tarek El Molla, highlighted the importance of the reform measures taken by Egypt, adding that their results were evident in dealing with the current global crisis resulting from the Russian-Ukrainian crisis.
Egypt's oil trade balance recorded a surplus of $2.1 billion, during the period from July to December of the fiscal year (FY) 2021/22, compared to a deficit of $54.2 million a year earlier.
United Oil & Gas has announced that ASV-1X exploration well has encountered nine metres of net reservoir in the primary Abu Roash "C" (ARC) reservoir target and 111 metres of net reservoir in the secondary Kharita target.
The Alexandria Petroleum Company tasked the Petroleum Safety & Environmental Services Company (PetroSafe) with executing a flare gas reduction project using Flare IQ technology in cooperation with Baker Hughes.
Aton Resources company announced that it has started its planned reverse circulation percussion (RC) drilling program at the Hamama West gold-silver project located in Abu Marawat Concession.
Minister of Petroleum and Mineral Resources Tarek El Molla has inaugurated a new Chill Out fuel station on Road 90 (Tes'een) at Fifth Settlement in New Cairo, as part of an effort to develop the area's highways and roads.
Modern Gas lit the first natural gas flame for the first housing unit in El-Qal'a Village, located in Abu Tesht city in the Qena Governorate.
In a meeting held on the sidelines of his participation in the World Economic Forum in Davos, Minister of Petroleum and Mineral Resources Tarek El Molla expressed Egypt’s appreciation to OPEC Secretary-General Mohammad Barkindo for his efforts as his term as the organization's leader comes to a close in July 2022.
Minister of Petroleum and Mineral Resources, Tarek El Molla, met in Davos with Kiril Petkov, Prime Minister of Bulgaria, on the sidelines of their participation in the World Economic Forum.
SDX Energy announced that it has started spudding of the MA-1X exploration well (SDX WI 67%), targeting the Mohsen prospect in the Exploration Extension Area of South Disouq.
