UOG Commences Production from ASD-2 in Abu Sennan
United Oil & Gas has announced that it started production from the ASD-2 well at an initial rate of c. 2,100 barrels of oil equivalent per day (boe/d) gross and c.462 boe/d net.
News / Egypt
Al Sisi Follows up on Petroleum Sector’s Activities
The President Abdel Fattah Al-Sisi has urged the government to continue developing its efforts in exploiting the oil and gas resources in Egypt.
Sianco Announces Revenues of EGP 1.8B in 2021
Egyptian Company for Appliances Maintenance & Technical Services (Sianco) held the general assembly meeting to review its business results for the year 2021, in the presence of Magdy Galal, Chairman of the Egyptian Natural Gas Holding Company (EGAS), Alaa El Batal, the Egyptian General Petroleum Corporation (EGPC)’s Chairman, as well as Vice-Presidents of EGPC, EGAS, representatives of capital and the Central Auditing Organization (CAO).
Madbouly Monitors COP27 Preparations
Prime Minister Mostafa Madbouly chaired the meeting of the Higher Committee concerned with preparing for Egypt's hosting of COP 27 to discuss the progress of the ministries' efforts in preparing for the conference, which is scheduled to be held next November in Sharm El-Sheikh.
El Molla Welcomes Wide Participation at COP 27 During IEA Meeting
The Egyptian minister participated in a ministerial discussion session that included energy ministers from 44 countries under the title "The International Energy Agency Community", which was organized by the IEA, welcoming a number of countries to its membership, including Egypt, in the context of discussing intensifying efforts to implement the goals of the energy transition globally.
Africa’s Energy on the Table at IEA Conference
The Executive Director of the International Energy Agency (IEA), Fatih Birol, has highlighted that IEA is prioritizing African energy while considering climate change issue and energy transition as African population will be doubled during the next two decades which will affect their energy demand.
EMC Business Grows By 118% in 2021
Egypt Maintenance Company (EMC) announced that it has achieved a high growth in its business worth EGP 14. 4 billion during 2021 increasing by 118% from the previous year.
El Molla: Sisi’s Vision for Africa’s Energy Transition Gaining Momentum
Minister of Petroleum and Mineral Resource Tarek El Molla pointed out the strong support and momentum for Egyptian President Abdelfattah El Sisi’s calls for a unified, balanced vision for energy transition in Africa.
ExxonMobil Expands Fuel stations Network in New Cairo
ExxonMobil, which is a leading company in providing high quality fuels and petroleum products in Egypt, has opened new services and fuel supply stations including Mobil Madinaty at East Cairo besides the recently opened Concord Plaza station in Fifth settlement.
El Molla, Chevron Discuss Boosting Partnership
Minister of Petroleum and Mineral Resources Tarek El Molla met with Rochna Kaul, Chevron's Vice President of Fuels and Lubricants for Europe, Africa, Middle East, South Asia, and Global Marine, along with her accompanying delegation.
