The Higher Organizing Committee of the Sixth Egypt International Petroleum Conference and Exhibition (EGYPS 2023) held its first meeting chaired by Minister of Petroleum and Mineral Resources Tarek El Molla to discuss the ongoing preparations for this annual event scheduled to take place 13-15 February 2023 in Cairo.Â
SDX Energy declared that it has launched the spudding of the MSD-27 infill development well at Meseda Fields located in West Gharib Concession.
Prime Minister Mostafa Madbouly held a meeting this evening to follow up on the plans for electrical interconnection with a number of neighboring countries, as well as review the efforts being made to establish green hydrogen projects in Egypt.
Prime Minister Mostafa Madbouly has met with several ministers, including the Minister of Petroleum and Mineral Resources Tarek El Molla, to review efforts to resolve the financial entanglements between their ministries.
Minister of Petroleum and Mineral Resources, Engineer Tarek El Molla, met with Marie Lemay, President of the Royal Canadian Mint, and her accompanying delegation. During the meeting, the two leaders discussed possible cooperation and partnership opportunities between the two sides in the gold industry in light of the distinguished opportunities offered by the strategy of developing and modernizing the Egyptian mining sector and the Canadian Corporation's interest in investing in Egypt.
The Egyptian Drilling Company (EDC) disclosed, during its general assembly meeting, that that the petroleum sector has acquired 50% of the company which was owned by Japanese Toyota company.
Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that the positive results achieved from merging 3 natural gas delivery companies into one strong entity illustrate the extent to which the vision of the Modernization Program in the petroleum sector that was launched in 2016 is foreseen for the future and the challenges.
This comes as El Molla reviewed a number of results achieved by the petroleum sector in a speech before the Al Gomhuria Newspaper Conference and Exhibition, entitled 'Egypt El Sisi.. The Road to the New Republic', which is being held under the patronage of Mostafa Madbouly, Prime Minister.
SDX Energy company announced that its production reached 3,724 barrel of oil equivalent per day (boe/d) during the H1 of 2022 which was 2% higher than the increased mid-point 2022 market guidance of 3,638 boe/d.
Egypt’s natural gas output declined by around 4.7% year-on-year (YOY) to reach 4.1842 million tons in April 2022, down from 4.392 million tons in April 2021.
