News / Egypt
El Molla Met with Spain’s Ambassador to Cairo
Egyptian Minister of Petroleum, Tarek El Molla, met with Spanish Ambassador to Egypt, Arturo Affilio, to discussed mutual cooperation between the two countries.
Egypt Owes $1.3b to Royal Dutch Shell
The Egyptian Ministry of Petroleum currently owes Royal Dutch Shell $1.3b, up from $1.1b in July. These amounts are owed against the ministry's purchases of Shell's production from Rasheed Concession and British Gas (BG)'s Burullus concession.
Eni to Build Solar Plant in Sinai
Italian Eni agrees on investing in Egypt's renewable energy through the construction of several renewable energy projects.
Petrojet Executed $185m Contracts for Sonatrach
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met Petrojet's employees in Algeria to review their Sonatrach projects.
Egypt to Drill 20 Wells at Zohr Field
Petrobel's CEO confirms the drilling of 20 wells in Zohr and urges the importance of complying with global environmental regulations.
Egypt, Saudi Arabia Discussed Oil Cooperation
The Egyptian Minister of Petroleum, Tarek El Molla, met with his Saudi counterpart, Khalid Al Falih, to discuss methods of mutual cooperation between the two countries.
Ahly Capital Increased Its Equity in AMOC
Al Ahly Capital Holding increases its equity in AMOC to be 25.3% of the company's stocks
IRE Settled East Ghazalat’s Loan
Independent Resources Egypt Ltd (IRE) agreed to pay $200,000 to TransGlobe Petroleum International as a full and final settlement of a US$2.5mln loan note.
