MoP Awards UOG New Development Lease in Abu Sennan
The Minister of Petroleum and Mineral Resources, Tarek El Molla, awarded United Oil and Gas (UOG) Company a development lease that covers the ASD-1X discovery in Abu Sennan.
News / Egypt
El Molla Inspects National Projects in Ain Sokhna
The Minister of Petroleum and Mineral Resources, Tarek El Molla, examined Sonker’s project as well as the Red Sea petrochemical complex in Ain Sokhna.
Pharos Produces 4,010 bbl/d from El Fayum Concession
Pharos Energy production from El Fayum averaged 4,010 barrels of oil per day (bbl/d) starting January 1 to April 30.
MoP Highlights Objectives of Car Conversion Project
The Ministry of Petroleum and Mineral Resources is targeting environmental, economic, and industrial goals among others through a project to switch more vehicles in Egypt to run on natural gas, according to a statement.
Al-Sisi Issues New Decree for E&P Activities in Red Sea
President Abdel Fattah Al-Sisi issued Law No. 160 of 2020 licensing the Minister of Petroleum and Mineral Resources, Tarek El Molla, to contract with international oil companies (IOCs) for exploration and production (E&P) activities.
Egypt’s Petroleum Exports Grow by 33.8% in Q1 2021
Egypt’s petroleum exports have gone up by 33.8% in Q1 2021 recording $1.819 billion against $1.359 billion in Q1 2020.
Monday Minutes: Economic Snapshot
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
Egypt Allocates EGP 2.1 B For Green Initiative Incentives
Egypt has allocated EGP 2.1 billion in the next fiscal year’s budget to finance the first phase of the green initiative, which aims to replace 250,000 vehicles to run on natural gas in the governorates of Cairo, Giza, Qalyubia, Alexandria, Suez, Port Said, and the Red Sea, Mohamed Maait, Minister of Finance, stated.
El Molla in Jordan to Discuss Ways to Enhance Joint Cooperation
The Minister of Mineral Resources, Tarek El Molla, met with Jordan’s Energy Minister, Hala Zawati, in Amman, Jordan to discuss and enhance bilateral cooperation in the oil, gas and mineral resources field, according to a press release.
Gastec Gets ISO Certificates in HSE
Gastec company has got ISO certificate 45001 regarding occupational health and safety management in addition to renewing its ISO certificate 14001 in the environment management system.
