News / Egypt

Since Resumption in Feb, Damietta LNG Plant Ships First Cargo to Europe

Egypt’s Damietta liquefied natural gas (LNG) plant delivered first cargo to Belgium import terminal at Zeebrugge on March 21, 2021. It is the first cargo to be sent to Europe from Damietta since it resumed operations in late February, according to S&P Global Platt.

MoP, Shell Egypt Sign Two Agreements for Western Mediterranean Exploration

The Minister of Petroleum and Mineral Resources, Tarek El Molla signed two new agreements with Shell Egypt in the Herodotus Basin in offshore deep-water concession area in the Western Mediterranean, a press release reported.

MIDOR Refines 36.5 mmbbl in 2020

MIDOR refined 36.5 million barrels of oil (mmbbl) in 2020, and produced 4,600 tons of high quality petroleum products, directing 86% of these products to local market, the press release reported.

Women Represent 33% of Senior Management in Oil, Gas Sector: El Molla

The Minister of Petroleum and Mineral Resources, Tarek El Molla, praised that women represent 33% of the total senior management, and also represent 30% of the total of employment in the oil and gas sector, the press release reported.

Monday Minutes: Economic Snapshot

A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.

EPROM Achieves Highest Performance Rates in 2020

The Egyptian Projects Operation and Maintenance (EPROM) Company has achieved the highest rates of performance, and assets’ preservation in its various sites during 2020, according to a press release.

El Molla inspects Upgrade of Mostorod Area

The Minister of Petroleum and Mineral Resources, Tarek El Molla, reviewed developing cooperation warehouse of Mostorod project with EGP 400 million, and the renewal of the storage warehouses, shipping platform to meet the international standards, according to a press release.

Petrojet Signs Teaming Agreement with Korean Companies

Petrojet signed teaming agreement with South Korean nuclear power companies consist of Korea Hydro & Nuclear Power (KHNP), KEPCO E&C, Hyundai E&C, and Doosan Heavy Industries & Construction (Doosan) to participate in the Egyptian first nuclear power plant (NPP) project El Dabaa. It will be constructed by the Russian general contractor for the project, JSC Atomstroyexport (JSC ASE).

El Molla Appoints New Head for AMOC

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued new transfer movement in Alexandria Mineral Oil Company (AMOC), according to Al-Ahram.

Petrosafe Carries out 603 HSE Training Programs in 2020

Petrosafe Company carried out 603 various training program to raise awareness in the field of Health, Safety, and Environment (HSE) in 2020, according to a press release.

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