Petrosafe Company organized an initiative to combat marine petroleum pollution called “Misr El-Mahrousa 15” at Nasr Petroleum Academy, in the presence of the heads of companies, under the auspices of the Ministry of Petroleum and Mineral Resources (MoP), the Egyptian General Petroleum Corporation (EGPC), the Ministry of Environment, Environmental Protection Agency, and the petroleum companies dealing with the Red Sea Ports Authority.
The Minister of Petroleum and Mineral Resources announced that the Red Sea region will witness intensive exploration and production (E&P) in oil and natural gas activities.
The Ministry of Petroleum and Mineral Resources, Tarek El Molla, urged the Egyptian Petrochemicals Holding Company (ECHEM) to expand petrochemical projects to benefit from Egypt’s oil and natural gas resources.
Apex International Energy (Apex) announced a new oil discovery in Southeast Meleiha Concession (SEM), located in the Western Desert of Egypt.
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
Egypt planned to supply natural gas to more than 60 new regions, which already supplied to 34 regions of them at the beginning of the fiscal year (FY) 2020/21.
The President Abdel Fattah Al-Sisi directed to establish an integrated city for gold industry in Egypt to reflect its ancient history, according to the Spokesman of Egyptian the Presidency, Bassam Radi.
Egypt allocated investments with EGP 5 billion to the General Petroleum Company (GPC) to increase drilling exploration and development wells.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, urged the Cooperation Petroleum Company’s (Copetrole), and Misr Petroleum Company to renew and develop their distribution systems to transport petroleum products from shipping warehouses, fuel transmission vehicles, and supply stations in line with latest technologies.
The General Manager of Centamin Egypt, Youssef El Raghy, announced that Egypt received a total amount exceeding EGP 930 million from Sukari gold mine, since the start of operation until the last of December 2020.
