The meeting reviewed Egypt's preparations to host the World Climate Summit and the investment opportunities available in the Egyptian oil and gas industry, as well as the sharp fluctuations in the current global price levels and their effects on the economies of countries in general.
Minister of Petroleum and Mineral Resources Tarek El Molla announced that participation in the state’s program for the reconstruction of villages most affected by the floods comes is within the framework of the Higher Committee for Social Responsibility in the petroleum sector.
United Oil & Gas PLC (United) announced the drilling updates for the development well ASD-2 located in Abu Sennan license, in which United owns a 22% working interest.
Minister of Petroleum and Mineral Resources Tarek El Molla witnessed the signing of a memorandum of understanding (MoU) between Shell Egypt and the National Academy for Youth Training and Rehabilitation to integrate the Shell NXplorers program in the various training programs at the academy.
Alexandria Petroleum Maintenance Company (Petromaint)’s Chairman, Ahmed Fouad, signed with Hazem Hafez, Chairman and Managing Director of El Wastani Petroleum Company, a contract for the construction of Balsam compression station with the EPC system.
Minister of Petroleum and Mineral Resources, Tarek El Molla, received Luka Mucic, Executive Board Member and Financial Director of SAP International Software Company, and his accompanying delegation.
Minister of Petroleum and Mineral Resources, Tarek El Molla, received a delegation from Methanex International, which invests in the Egyptian petrochemical industry in partnership with the petroleum sector through a methanol production plant in Damietta Governorate.
The Suez Canal Authority (SCA) amended article two of circular (2/2015) and its previous periodical issued on October 2021.
Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Hani Sonbol, CEO of the International Islamic Trade Finance Corporation (ITFC), and they discussed the Corporation's annual work program for trade finance for the current year within the framework of the agreement concluded with the Egyptian government in 2018.
