Minister of Petroleum and Mineral Resources, Tarek El Molla, has showcased several alternatives for paying natural gas consumption which rely on the digitalization to over accumulation of consumption rates and facilitate the payment methods for the clients.
United Oil and Gas Company (UOG) announced that it achieved maximum flow rate of production of 2,093 barrels per day of oil (b/d) and 3.63 million standard cubic feet per day (mmscf/d) from Al Jahraa-8 well in Abu Sennan concession after conducting successful testing.
Minister of Petroleum and Mineral Resources, Tarek El Molla, launched the second round of capability building program for operational safety and assets integration.
Minister of Petroleum and Mineral Resources, Tarek El Molla, has announced that Egypt seeks to connect the natural gas to 1.2 million housing unit during the current fiscal year 2020/21.
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The ministry adopted new strategies that depended on continuous development and modernization, which gave strong impulses to the oil and gas sector to achieve unprecedented success stories over the past seven years.
The meeting reviewed the preliminary results for EGPC's budget during the past FY, which showed restructuring the oil and gas sector, resulting in overall development and change of the sector's activitiesز
The sector has successfully implemented several practical initiatives in this field, El Molla said, adding that this project covers all stages of the petroleum industry, from the well to the end consumer.
ExxonMobil Egypt announced that it has signed a collaboration and framework agreement with Trella, a technology platform that connects shippers to carriers, aiming to bring a new digital technology to the the freight industry in Egypt and provide it with innovative solutions.
El Molla expressed the sector's keenness to establish a successful partnership with AFC, to work together for constructive cooperation in new projects.
