The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, and the Minister of Energy in Israel, Yuval Steinitz, have agreed on working on an official agreement to link Leviathan field to the liquefied natural gas (LNG) units in Egypt through an offshore pipeline.

Energean company announced that Abu Qir Petroleum company, its joint venture (JV) with the Egyptian General Petroleum Corporation (EGPC), has signed an integrated engineering, procurement, construction and installation (EPCI) contract with TecnhipFMC company for developing four subsea wells as well as subsea tie-back to the AbuQir Petroleum plant.

Petrofac company announced the formation of industry alliance with companies of Repsol Sinopec Resources UK and TechnipFMC to maximize the recovery of oil and gas from the UK Continental Shelf (UKCS).

The Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that the ministry aims to increase contribution in the mining sector to reach 5% during the next five years. He also reviewed the ministry’s road map of mining sector‘s achievements and development starting form 2018 before the Industry Committee in the House of Representatives.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, urged Agiba Petroleum Company and Pharaonic Petroleum Company (PHPC) to increase the number of their development and exploration wells in order to boost both companies' production plans. The minister noted that the recent discoveries in the Western Desert only prove that the region has not yet revealed all its untapped potential.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has agreed with the Minister of Transportation, Kamel El Wazeer to revive the efficiency of Gouna Petroleum basin in Alexandria port.

Egypt allocated investments with EGP 5 billion to the General Petroleum Company (GPC) to increase drilling exploration and development wells.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, urged the Cooperation Petroleum Company’s (Copetrole), and Misr Petroleum Company to renew and develop their distribution systems to transport petroleum products from shipping warehouses, fuel transmission vehicles, and supply stations in line with latest technologies.

Indian Prime Minister, Narendra Modi, announced the launch of 450-kilometer gas pipeline linking the southern states of Kerala and Karnataka as a part of its plan to develop coastal regions. He added that this pipeline is built by GAIL LTD to help industries, households and vehicles convert into using the cleaner fuel.

Kazakhstan signed an agreement to establish an international center for the development of oil and gas engineering.