The Egyptian invitation won the unanimous approval of the Arab ministers and the recommendation to assign a working group from the Arab Organization for Industrial Development and Mining to prepare for the initiative.
Minister of Petroleum and Mineral Resources Tarek El Molla participated in the 8th Consultative Meeting of Arab Ministers for Mineral Resources, during which he delivered a speech highlighting the development strategy of Egypt’s mining sector.
Petromaint's Chairman and Managing Director, Ahmed Fouad, held a joint meeting with representatives of the international company “Petrofac” during their current visit to Egypt.
The signing of the joint cooperation agreement took place at Petromaint headquarters in Cairo, in the presence of the Chairman and Managing Director of Emirates Smart Solutions, Muhammad Al-Naqbi.
Eni has been awarded five new exploration licenses in the Egyptian offshore and onshore by the Ministry of Petroleum.
On the sidelines of the fourth edition of the World Youth Forum (WYF), Egypt’s Prime Minister Mostafa Madbouly discussed with his Lebanese counterpart, Najib Mikati, ways to enhance cooperation in the fields of gas exports and power linkage.
Under the patronage of President Abdel Fattah Al Sisi, Shell Egypt is participating in the activities of the 4th edition of the “World Youth Forum 2021” held in Sharm El-Sheikh in South Sinai, from January 10 to 13, the company said in a statement.
BP acquired 50% of the exploration rights of the EGY-MED-E5 concession area, equally with Italy's Eni, operator of the concession area.
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