Russia to Start Drilling Egyptian Offshore Concessions
The state-owned Russian company Zarubezhneft announced that it has joined two offshore blocks in Egypt under a production sharing agreement (PSA).
News / Egypt
El Molla Participates in OAPEC Meeting
The Minister of the Petroleum and Mineral Resources, Tarek El Molla participated in the Organization of Arab Petroleum Exporting Countries (OAPEC) meeting, held in Kuwait on Sunday 22 December, to discuss the petroleum issues.
Al Sisi Discusses Continued Expansion of E&P Plans
The President Abdel Fattah Al-Sisi directed the Minister of the Petroleum and Mineral resources toward the continuation expansion of the research, exploration and production plans through his meeting with the cabinet
Rockhopper Produces 340 b/d of Oil from Abu Sennan
Rockhopper Exploration plc is currently producing 340 barrels per day (b/d) of oil from its existing ASH-1ST2 well at Abu Sennan concession.
Diesel Consumption Increases to 1.1 MM Tons
Egypt's diesel consumption has increased to 1.1 million tons per month, a 0.1 million tons year-on-year increase, Abed Ezz El Regal, CEO of the Egyptian General Petroleum Corporation (EGPC), announced.
Egypt Approves New E&P Projects in the Mediterranean
The Egyptian cabinet agreed upon two new petroleum commitment agreement projects for the Egyptian Natural Gas holding company (EGAS), and several numbers of the national and international companies.
New Petroleum Discovery Achieved in the Western Desert
The Borg El-Arab Petroleum Company has made a new petroleum discovery in the ASH-2 area of Abu Senan concession in the Western Desert, with a production rate of 7,000 barrel of crude oil per day and 10 million cubic feet per day (mcf/d) of natural gas.
Egypt, Mubadala Petroleum Discuss Investment Opportunities
The Minister of Investment and International Cooperation, Sahar Nasr, met the delegation of the Emirati Mubadala Investment company in Egypt, headed by the Chief executive officer of development of Mubadala Petroleum, Mansoor Al Hamed
Egypt Invests EGP 75 B in Electricity Grids
Egypt will improve electric grids nationwide with over EGP 75 billion in investments
El Molla Gives EMGF Updates during World Youth Forum
During the World Youth Forum, the Minister of Petroleum and Mineral Resources, Tarek El Molla, gave quick updates on the East Mediterranean Gas Forum (EMGF), which convened last July.
