The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued a new transfers movement among the petroleum sector to support the petroleum companies and sites with the needed competences and expertise that could achieve the future goals.
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
PhosPhate Misr Company achieved 2.4 million tons of its phosphate sales in 2020, representing 9.2% over 2019, despite the effects of COVID-19 pandemic, according to a press release.
Minister of Environment, Yasmine Fouad made an inspection tour to implement the environmental reform plan for Nasr Petroleum Company which reached 58% in its experimental first phase and 25% for Suez Oil Processing Company (SOPC).
The Minister of Petroleum and Mineral Resources, Tarek El Molla, met with the Croatian Minister of Foreign and European Affairs, Gordan Grlić, to discuss possible energy cooperation between Egypt and Croatia.
Norway’s PGS has been awarded a high-fidelity 3D exploration survey program offshore Egypt by an unknown major oil company.
Aton Resources began evaluating drilling contractors and civil works contractors in preparation for drilling Hamama and Rodruin prospects.
Shell won the BT100 award for the most growing investor in Egypt’s oil and gas sector for its role in developing the energy sector’s infrastructure.
In celebration of Women’s History Month and to recognize the remarkable milestones women had reached in the oil and gas industry, Egypt Oil & Gas (EOG) Committee hosted the first female empowerment webinar ‘She is Energy’ on Tuesday, March 30. The webinar was organized by EOG Newspaper, supported by the Ministry of Petroleum and Mineral Resources, and sponsored by Enap.
Pharos Energy and the Egyptian General Petroleum Corporation (EGPC) have agreed to amend the terms of El Fayoum Concession in the Western Desert, which will raise Pharos's cost recovery petroleum percentage from 30% to 40%.
