Petrobel Extends Shelf Drilling Contract
Belayim Petroleum Company (Petrobel) allowed a one-year extension for Shelf Drilling contract for Trident 16 jack-up rig.
News / Egypt
Monday Minutes: Economic Snapshot
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
El Molla Highlights Egypt’s Petroleum Industry in Ministerial Panel
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has showcased the situation of the petroleum and natural gas industry in Egypt during his participation in the ministerial panel that took place in US.
El Molla Discusses Bilateral Ties With US Counterpart
The Minister of Petroleum and Mineral Resources, Tarek El Molla, held a meeting with the United States Secretary of Energy, Dan Brouillette, to discuss ties between the two countries in the petroleum and natural gas field as well as the US companies’ investments in Egypt.
Cabinet Denies Natural Gas Prices Surge
The Cabinet’s media center denied rumors about an increase in household natural gas prices.
Egypt, US Discuss Strengthening Energy Ties
Egypt and the US discussed ways to strengthen ties through an Energy strategic partnership.
El Molla Highlights EMGF Achievements in Washington
During his participation in a round table for business leaders in Washington, Minister of petroleum and Mineral Resources, Tarek El Molla, showcased the latest updates of the regional cooperation in natural gas highlighting the East Mediterranean Gas Forum (EMGF) contributions.
El Molla Reviews IOCs Future Investments in Egypt
Tarek El Molla, Minister of Petroleum and Mineral Resources discussed with some international oil companies (IOCs) their future investments and activities in Egypt.
Maersk Awarded Drilling Contract in Egypt
Maersk Drilling company announced that it has been awarded a contract for the semi-submersible rig Maersk Discoverer offshore Egypt estimated at around $3.8 million.
EGPC to License New Fuel Stations
The Egyptian General Petroleum Corporation (EGPC) will license 60-70 new fuel stations all over Egypt, with minimum investments of EGP 180 million, said Adel Ayyad, Chairman of the Board of Directors of the Cooperation Company for Petroleum.
