El Molla Orders Inquiry into ASL 35 Fire
Minister of Petroleum Tarek El Molla has ordered an inquiry into the causes of a fire that broke out at Mediterra's ASL 35 development well.
Minister of Petroleum Tarek El Molla has ordered an inquiry into the causes of a fire that broke out at Mediterra's ASL 35 development well.
Egyptian Minister of Petroleum Tarek El Molla met with World Bank (WB) Vice President for Infrastructure, Makhtar Diop, to discuss current developments to Egypt's oil and gas infrastructure.
Dana Gas Company announced the completion of the Balsam-8 well drilling in Q4 of 2018, which added over 5,000 barrels of oil equivalent per day (boe/d) to production.
Minister of Petroleum Tarek El Molla visited Zohr field's onshore gas processing plant at Port Said to follow up on the project's current developments.
Egypt will make further cuts to fuel and energy subsidies in mid-2019, a Fitch Solutions report predicted.
Egypt will begin exporting natural gas after it has achieved self-sufficiency, Minister of Petroleum Tarek El Molla has said.
Companies approved by the Egyptian Natural Gas Holding Company (EGAS) to import natural gas must obtain approvals from the Gas Market Regulatory Authority (GMRA), Minister of Petroleum Tarek El Molla has said.
Egypt has signed 63 petroleum agreements over the past four years with around $14 billion of investment.
The Ministry of Petroleum will open bidding for exploration and production (E&P) contracts in the Red Sea within the coming two weeks.
Egypt's Constitutional Committee authorized the Egypt-Cyprus agreement to establish a natural gas subsea pipeline on December 9.