News / Egypt

El Molla Issues ICT Reshuffles in Petroleum Companies

Tarek El Molla, Minister of Petroleum and Mineral Resources issued a movement of transfers for managers and assistants of the information and communications technology (ICT) department. The reshuffling aims to support petroleum sites with the necessary competencies.

Downstream Sector Grows by 78% in Q3 2019/20

The downstream sector has witnessed a 78% growth in Q3 2019/20, according to Minister of Planning and Economic Development Hala Al-Saeed.

EOG Technical Committee Considers Virtual Convention

The Egypt Oil & Gas (EOG) Technical Committee held its second virtual meeting on May 20 to evaluate the likelihood of having a virtual convention and webinars moving forward.

Wintershall Dea Maintains Stable Production of 626,000 bbl/d in Q1

Wintershall Dea has maintained a stable production of 626,000 barrels of oil per day (bbl/d) in Q1 2020 despite challenging markets.

EMGF Discusses the Region’s Natural Gas Future 

The East Mediterranean Gas Forum’s (EMGF) discussed the natural gas industry’s future and the natural gas market development to optimize the region's potential from reserves and infrastructure.

BP Appoints Karim Alaa New Senior VP for North Africa

Karim Alaa, Country Manager for BP Egypt will be appointed as BP’s Senior Vice President for North Africa succeeding Hesham Mekawi, effective 1 July 2020.

El Molla Appoints New High Level Executives

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has appointed a new undersecretary for the Ministry of Petroleum and Mineral Resources, in addition to issuing new appointments and transfers for heads and vice presidents in the holding companies and national oil companies (NOCs).

Monday Minutes: Economic Snapshot

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

Centamin’s Revenues Record 7% YoY Increase in 2019

Centamin gross revenues increased by 7% in 2019, recording $658.1 million against $614.8 million in 2018.

EMGF Subcommittee Assesses COVID-19 Impact on Oil, Gas Industry

The East Mediterranean Gas Forum’s (EMGF) Gas Industry Advisory Committee held its third meeting via video conference to prioritize the assessment of the COVID-19 impact on the regional oil and gas industry, in accordance with the subcommittee's plans.

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