Egypt | Egypt Oil & Gas - Part 146

Petromaint Profits in 2021 Reach EGP 465 million

The company’s for 2021 achieved a historical leap, as the volume of the company’s contracts amounted to EGP 6 billion, with a growth rate of 35% compared to 2020. The volume of the company’s revenues for 2021 reac ...

Egypt, Jordan Discuss Possible Natural Gas Delivery Cooperation

Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Khairy Amr, Jordanian Minister of Investment, during his visit to Cairo. The meeting discussed increasing cooperation in implementing natural g ...

Madbouly Reviews Progress of COP 27 Preparations

Prime Minister, Mostafa Madbouly, chaired the sixth meeting of the Supreme Committee concerned with preparing for Egypt's hosting of the 27th session of the Conference of the States Parties to the United Nations ( ...

Monday Minutes: Economic Snapshot

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

Enppi’s Net Profits Increased by 22% in 2021

Engineering for Petroleum & Process Industries Company (Enppi) Chairman Mohamed Abdel Aziz announced that in 2021 the company achieved an increase in net profit by 22%, compared to last year.

Misr Phosphate Company’s 2021 Production Reaches 2.7M Tons, Increases by 12.5%

Production is the main pillar of the company and the secret of its strength, as the amount of production during 2021 reached about 2.7 million tons, an increase of 12.5% over 2020.

MOPCO Revenues Increase by 40% in 2021

Misr Fertilizer Production Company (MOPCO) announced that it had achieved total revenues of around EGP 10.3 billion in 2021, an increase of 40% over the previous year.

TransGlobe Releases Operational Update for Q1 2022

According to the company's production Summary, TransGlobe's production from Egypt reached a year-to-date (YTD) average of 10,045 barrels of oil equivalent per day (boe/d). In Egypt production was impacted by poor ...

Petrojet’s Revenues Reach EGP 34.2B in 2021

El Molla explained that the implementation of the ministry's strategy reflected positively on the success of Petrojet's plan during the past five years and its achievement of tangible results that speak for themse ...

El Molla, EU Ambassador Discuss Development Efforts, COP 27

Minister of Petroleum and Mineral Resources, Tarek El Molla, received Christian Berger, the Ambassador of the European Union (EU) in Cairo, and his accompanying delegation, where they reviewed areas of joint coope ...

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