Tarek El Molla, Minister of Petroleum and Mineral Resources, discussed the possibility of establishing a joint Egyptian-Iraqi company and to facilitate the participation of Egyptian companies in oil and gas projects in Iraq.
Zarou, a MENA-focused energy development company, plans to invest $1 billion in Egypt’s energy infrastructure in 2020.
The Minister of Petroleum and Mineral Resources, Tarek El Molla commented on the Egypt-Greece maritime demarcation agreement saying that it could lead to more opportunities for exploration and production (E&P) bid rounds in the Mediterranean.
President Abdel Fattah Al-Sisi called for the upgrading of the mining sector.
TGS, a leading provider of multi-client geoscience data for exploration and production (E&P) companies, will implement Enhanced Full Tensor Gravity Gradiometry (eFTG) survey on Ganoub El Wadi Petroleum Holding Company’s (Ganope) assets in Upper Egypt.
Alexandria Petroleum Company (APC) and the Egyptian Projects Operation and Maintenance company (EPROM) have signed a deal to create a 3D model using laser scanning technology for all the company's units and facilities.
TransGlobe Egypt production averaged at 11,990 barrels of oil per day (bbls/d) in Q2 2020.
The General Authority for Suez Canal Economic Zone (SCZone) and the Sinai Gas inked a deal to deliver natural gas to the industrial zone in East Port Said.
The Gas Regulatory Authority (GasReg) awarded 15 companies licenses to transport, distribute, ship, and supply natural gas.
A summary of last two week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
