El Molla stated that the oil and gas sector and Royal Dutch Shell are constantly working to develop their partnership based on the growing investment opportunities in exploration and production (E&P) in Egypt.
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TransGlobe Energy company announced that it recorded average production of 10,727 barrels per day (bbl/d) during Q2 2021.
The Ministry of Petroleum and Mineral Resources recorded unprecedented natural gas consumption rates by the power stations that amounted to 5,210 billion cubic feet of gas equivalent per day (bcfe/d) on August 4 and 5.
Minister of Petroleum and Mineral Resources, Tarek El Molla, has inspected the high-octane complex in Assiut that has investments of $450 million and a production capacity of 800,000 tons of octane.
Minister of Petroleum and Mineral Resources Tarek El Molla has discussed ways of exploration and production (E&P) cooperation with Chevron company during the upcoming period in a number of areas at the Red Sea and the Mediterranean.
The Egyptian petroleum sector is, currently, implementing five major projects worth $14 billion including expansion of Midor refinery in Alexandria, Red Sea petrochemical project in the economic zone in Suez Canal, Assiut National Oil Processing (ANOPC) diesel complex in Assiut, asphalt production unit in Suez and coking complex.
SDX company announced that it drilled the new well “HA- 1X” in South Disouq and started spudding it as a part of the Company’s 2021 drilling campaign after the successful drilling of IY-2 well announced in July.
Minister of Petroleum and Mineral Resources, Tarek El Molla, affirmed that Egypt targets to increase the number of natural gas vehicles' (NGVs) stations to 1000 over the country in the light of the presidential initiative compare to 208 stations before the initiative.
Aton Resources Company announce that the test results for ten samples from its Rodruin exploration project has showed final gold recoveries ranging between 51.4% to 84.2% and silver recoveries ranging between 25.7% to 65.8%.
