IDM Appoints New Chairman
The Ministry of Petroleum has appointed Kamel Hassan as Chairman and Managing Director of International Drilling Material Manufacturing Co. (IDM).
Egypt | Egypt Oil & Gas - Part 506
The Ministry of Petroleum has appointed Kamel Hassan as Chairman and Managing Director of International Drilling Material Manufacturing Co. (IDM).
The Egyptian Company for Natural Gas Distribution (Town Gas) delivered natural gas to 150,000 housing units during H1 in 2019.
Tarek El Molla, the Minister of Petroleum, met with David L. Phillips, Chairman of the Board Bilateral US-Arab Chamber of Commerce, along with JNG Chairman to discuss Health, Safety and Environment (HSE) approaches.
Al Manar Group aims to to increase its annual growth rate with 35% to 40% by the end of Q4 of 2019.
The first meeting of the EOG HSE Subcommittee was held on Wednesday at Halliburton's office to discuss ideas on how to enhance HSE practices across the Egyptian petroleum sector and raise the level of awareness among the workforce, by establishing a culture of safety that builds on the industry’s accumulated experience.
Gastec’s Chairman and Managing Director declared some steps that shall be taken prior turning the vehicle into a gas-powered one.
Mostafa Madbouly, the Prime Minister, held a meeting with the Heads and Representatives of companies’ that manufacture microbuses and minibuses to present the government’s plan to expand in manufacturing new bi-fuel vehicles and converting old ones.
Crude oil production is targeted to reach approximately 710,000 barrels per day (b/d) by June 2020, up from 650,000 - 660,000 in H1 2019.
The petroleum sector and the National Service Project Organization (NSPO) signed a cooperation agreement to introduce more bi-fuel cars into the market.
The petroleum sector initiates the production in Raven Gas Field in North Alexandria concession next September, with an estimated maximum gas production capacity between 850 and 900 million cubic feet per day (cf/d).