El Molla Reviews Sector’s 2020 Strategy
The Minister of the Petroleum and Mineral Resources, Tarek El Molla, held a meeting with the agencies of the ministry and the leaders in the petroleum sector to outline the priorities in the agenda of 2020.
News / Egypt
Shell Considers Egypt’s Liquefaction Plants
Shell is studying the potential of importing natural gas from Cyprus for the liquefaction plants in Egypt during the next period.
Enppi Signs a Cooperation Protocol for HR Development
Enppi Petroleum company signed a Cooperation Protocol with Alexandria University to improve the skills of Enppi and oil and gas sector employees.
ExxonMobil Acquires Offshore Exploration Blocks in Egypt
ExxonMobil announced that it acquired more than 1.7 million acres for exploration offshore operations in Egypt and the operations are scheduled to begin in 2020.
IOCs Share their Know-how during Al Ahram’s Energy Conference
Al Ahram’s Energy Conference shed light on the role of international petroleum and electric companies in Egypt.
El Molla Announces Bid Round Results
Tarek El Molla, Minister of Petroleum and Mineral Resources, announced on Sunday, December 29th the results of the bid round launched in March of 2019 by the South Valley Egyptian Holding Company for Petroleum (Ganope).
Shell Wins Two Concessions in Red Sea Licensing Round
The first concession is located in Block 4 which was awarded to Shell in partnership with Mubadala Petroleum (30%), while the second concession is located in Block 3 with Shell being the sole license holder.
Al Ahram’s Energy Conference Kicks Off
Al Ahram's Energy Convention started today, December 29th with under the patronage of Mostafa Madbouly.
Egypt Signs Four E&P Agreements with $155 M
The Ministry of Petroleum and Mineral Resources signed four agreements for oil and natural gas exploration and production (E&P) operations in the Western Desert, Gulf of Suez, and Nile Valley with minimum investment costs of $155 million, in addition to a signature bonus for drilling 30 wells estimated with $10.5 million.
Egypt, China Establish Phosphate Complex with $1 B
The signatures ceremony was attended by the Chinese Ambassador in Egypt, Liao Liqiang, Khaled Al Ghazaly the head of Phosphate Misr company and several number of Egyptian and Chinese officials, in the presence of the Minister of Petroleum and Mineral Resources, Tarek El Molla.
