Cabinet Approves El Molla New Restructuring Plan
A new restructuring plan for the petroleum sector was approved by Prime Minister Moustafa Madbouly.
News / Egypt
Egypt, ExxonMobil Ink Two Agreements Worth $332 MM
The Minister of Petroleum and Mineral Resources, Tarek El Molla, signed two agreements with ExxonMobil, for exploration and production (E&P) activities of natural gas at the Mediterranean.
El Molla Reviews Natural Gas Delivery in Port Said
The Minister of Petroleum and Mineral Resources, Tarek El Molla, followed up on the updates of delivering natural gas to the housing units in Port said during his visit to the city.
El Molla: EGYPS to discuss Oil, Gas Industry’s Accomplishments
EGYPS 2020 is going to discuss several topics related to the transformation of Egypt into a regional energy hub, the development of the exploration and production (E&P) activities, as well as refining and marketing activities. Moreover, the conference will discuss as well the health, safety, and environment (HSE) activities, the role of women in the sector, and empowering youth to prepare them to be the next generation of leaders.
El Molla launches Two New Oil Tankers
The Minister of Petroleum and Mineral Resources, Tarek El Molla, accompanied by Adel El-Ghadban, Port Said's Governor, launched two new oil tankers (Egypt 2,3) to supply ships with fuel in the Port Said Port, with investments estimated at $14 million in favor of Misr Petroleum company.
El Molla Inaugurates First Integrated Fuel Station
The Minister of Petroleum and Mineral resources, Tarek El Molla, inaugurated the first integrated fuel station for supplying fuel, natural gas and electricity at Port Said city, in the presence of the Minster of Youth and Sports, Ashraf Sobhy, and the Governor of Port Said, Adel Ghadban.
SDX Expects Production to Exceed 68-74% in 2020
SDX Energy, the Middle East and North Africa (MENA)-focused oil and gas company, announced that it expects its production to reach 6,750 -7,000 barrels of oil equivalent per day (boe/d) in 2020.
EGAS: The Pipeline Rupture in Alexandria is repaired
The Egyptian Natural Gas Holding Company (EGAS) clarified that the rupture occurred at the pipeline of Mahmoudia/Moharram Bek in Alexandria has been repaired.
EGAS Stops Leakage from Sandoub Pipeline
The Egyptian Natural Gas Holding Company (EGAS), announced that it has dealt with the pipeline rupture in Sandoub Area at Mansoura City.
Crude Oil Imports Drop $280 MM YOY
The cost of the sector's total crude oil imports decreased in the first 10 months of 2019 to $1.29 billion, compared to $1.6 billion in 2018, a $280 million year-on-year (YOY) decline.
