Egypt

El Molla Issues New Promotions

Minister of Petroleum and Mineral Resources, Tarek El Molla, issued new promotions.

El Molla Appointes Alaa Hagar Head of the Central Administration of the Ministry’s Technical Office

Minister of Petroleum and Mineral Resources, Tarek El Molla, appointed Alaa Adel Abbas El Sayed Hagar to be Head of the Central Administration of the Technical Office at the Ministry of Petroleum.

Alaa El Batal Appointed EGPC Chairman

Minister of Petroleum and Mineral Resources, Tarek El Molla, appoints Alaa El Batal as the new Chairman for the Egyptian General Petroleum Corporation (EGPC), starting January 26th, 2022.

Monday Minutes: Economic Snapshot

A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.

Petroleum, Environment Ministers Discuss COP 27 Preparations

During the meeting, the two ministers reviewed the readiness of their ministries, in coordination with the Ministry of Foreign Affairs, to host Egypt’s World Climate Summit COP27 in Sharm El-Sheikh in November 2022, which is being well prepared through a higher committee for coordination between the various ministries and entities participating in the conference.

El Molla Chairs General Assemblies of Misr Petroleum, Cooperation Petroleum Companies

During the two assemblies, El Molla pointed out the importance of the oil sector's companies continuing their development and modernization plans in various aspects of petroleum activities. This development brought these ancient entities back on the right track and turned them into economic entities that efficiently manage their activities.

Egypt, Malaysia Discuss Future Energy Cooperation

Minister of Petroleum and Mineral Resources Tarek El Molla held a meeting with Malaysian Ambassador to Cairo Zamani bin Ismail to discuss opportunities for cooperation and joint investment in the oil and gas sector.

Egypt Signs Two E&P Agreements with $506 M in Investments

Minister of Petroleum and Mineral Resources, Tarek El Molla, signed two new agreements with TransGlobe and Pharos Energy to search for, develop and produce petroleum in several regions in the Eastern and Western Desert, with a total new minimum investment of $506 million, and a signature grant of $67 million to drill 12 wells.

ExxonMobil Egypt Honors Employees Volunteering in CSR Initiatives

ExxonMobil Egypt, one of the leading companies in the Egyptian energy market, held a special ceremony to honor all its volunteer employees in 3 different community initiatives during 2021, in light of the company's strategy to achieve sustainable development by developing the capabilities of young people in various fields.

Petromaint Signs MOU with Marine Engineering Leader Etermar

Alexandria Petroleum Maintenance Company (Petromaint)'s Chairman, Ahmed Fouad, signed a memorandum of understanding (MoU, with the Portuguese company Etermar.

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