Qalaa Holdings’ Revenues Grow by 25%
The company's operating profit grew by 36% to reach EGP 1.3 billion in 2018, which is supported by the strong performance of all the affiliated companies.
News / Egypt
El Molla Reviews Refining Projects
The meeting reviewed the operational situation of the mazut hydro-cracking complex at ANOPC to secure Upper Egypt's demands.
El Molla Reviews SIDPEC’s Development Work
El Kasaby announced that work is ongoing in the $1.2 billion worth propylene derivatives complex' expansion project, to produce 500,000 tons of propylene and 450,000 tons of polypropylene.
EOG CSR Subcommittee Launches Educational Initiatives
The EOG CSR Subcommittee discussed the future of education and the assistance that can be provided to students in schools and universities.
El Sisi Discusses Cooperation with Noble Energy
President Abdel-Fattah El-Sisi met with the CEO Noble Energy, David Stover, to discuss the firm’s exploration activities in the Egyptian oil and gas sector.
Dana Gas Starts Drilling Operations at Merak-1 Well
The new well is set to take approximately 70 days to be drilled and could add up to 4 trillion cubic feet (Tcf) of natural gas in prospective resources.
Ministry of Electricity Announces New Prices
The new electricity prices in fiscal year (FY) 2019/20 will vary based on the consumer's segment and will be applicable starting July 2019.
Shell, EGPC Sign HR Agreement to Modernize BAPETCO
The agreement was signed by Abed Ezz El Regal, head of EGPC; and Khaled Kacem, Shell's Country Chairman and Managing Director in Egypt, in the attendance of Minister of Petroleum, Tarek El Molla.
MIDOR Expansion Investments Reach $2.3 B
The Petroleum Projects & Technical Consultations Company (Petrojet) is currently working on preparing the land of the project and finalizing the engineering designs with Engineering for the Petroleum & Process Industries (ENPPI) and Technip.
General Electric, Enppi to Establish Electricity Transmission Station
The gas isolated station will cover the new naphtha refinery's electricity needs.
