DEA Names New CEO
DEA Deutsche Erdoel AG named Maria Moraeus Hanssen as its new CEO and Chairman of the Management Board.
News / Egypt
ADES Group Appoints New CFO
Advanced Energy Systems (ADES Group) has appointed Ahmed El Khatib to be its new Chief Financial Officer (CFO).
Egyptian Petrochemicals Company’s Production Value Reaches EGP 1.7B
Egyptian Petrochemicals Company announced that its production value reached EGP 1.7 billion during fiscal year (FY) 2016/2017.
APRC Refines 3.6M tons of Crude Oil
The Amreya Petroleum Refining Company (APRC) announced that it refined 3.6 million tons of crude oil for fiscal year (FY) 2016/2017.
SDX Raises $10M, Plans Projects in South Disouq Concession
SDX Energy announced that it raised $10 million to boost the company’s exploration of its South Disouq Concession in Egypt and fund its development programs in Morocco.
El Molla Issues New Promotions
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, announced new appointments and promotions, reports Egypt Oil & Gas.
El Molla, ATC Discuss Investment & Cooperation Opportunities
The CEO of Aramco Trading Company (ATC), Ibrahim Gassem El Buaiain, met with the Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, to discuss cooperation and investment opportunities.
SOPC, NPC Report 28%, 20% Increases in Production
The Suez Oil Processing Company (SOPC), Nasr Petroleum Company (NPC), and Petroleum Pipelines Company (PPC) reported on their operations for fiscal year (FY) 2016/2017.
Diesel Consumption Falls by 8%
Diesel consumption has fallen by approximately 8% in 2017.
