The fourth ministerial meeting of the Eastern Mediterranean Gas Forum (EMGF) convened on March 9 and concurred that Egypt will continue its presidency of the EMGF led by the Minister of Petroleum and Mineral Resources, Tarek El Molla, until the end of 2021.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has approved the agreement signed between Wintershall Dea, Cheiron and INA to jointly explore the East Damanhour onshore block.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has witnessed the constituent assembly of Petronas Misr for Lubricant Oil which was conducted via video conference between Misr Petroleum Company and Malaysian Petronas company.
Schlumberger Egypt held its annual International Women's Day ceremony through a special virtual event to promote and empower women in the oil and gas industry.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced that Egypt’s petroleum strategy targets expansion of refining operations noting that by 2023, several major refining projects will be completely implemented and all the petroleum products will be refined in Egypt.
The Ministry of Petroleum and Mineral Resources, Tarek El Molla, has witnesses the honor of the first graduate group from the business leadership program in the international energy industry in cooperation with Eni company.
Cheiron Petroleum Corporation has agreed to purchase 50% of Shell’s upstream oil and gas interests in the Western Desert, according to press release. The remaining 50% of the interests will be purchased by Cheiron’s strategic partner, Cairn Energy plc, a new entrant into the Egyptian upstream sector.
Petroleum Marine Services company (PMS) announced that it has implemented 87 projects worth $171 million at the highest quality and at their time line despite coronavirus pandemic during 2020.
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
Tarek El Molla, Minister of Petroleum and Mineral Resources, reviewed the $2.3 billion Midor refinery expansion in Alexandria which aims to increase its current refining capacity by 60%.
