Hisham El Hallaj Appointed Head of UGDC
The Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla has appointed Hisham Fathy Abdel Samad El Hallaj as the new head of the United Gas Derivatives Company (UGDC).
The Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla has appointed Hisham Fathy Abdel Samad El Hallaj as the new head of the United Gas Derivatives Company (UGDC).
Egypt is currently producing around 660,000 barrels per day (b/d) of crude oil.
The Egyptian oil and gas sector completed 24 projects over the past four years, investing $16.2 billion in the process, Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla has stated.
The Egyptian Ministry of Electricity and Renewable Energy has said that the improvement of temperature has helped to stabilize the electrical loads on the country’s national grid.
The Assiut Oil Refining Company (ASORC) signed an agreement with the National Bank of Egypt (NBE) on April 4th regarding a $100 million loan from China Development Bank.
Italy’s Edison Company plans to sell its $2 billion exploration and production (E&P) division to focus on its retail operations.
The Egyptian government has announced that 100 local electricity, construction, installation and consultancy firms will work on the development of the Al Dabaa nuclear power plant.
Engineering for the Petroleum & Process Industries (Enppi) signed contracts for implementing 12 national and international projects over the course of 2017.
The UK will receive a liquefied natural gas (LNG) shipment from Egypt's Shell-operated Idku liquefaction plant.
Egypt's National Organization for Military Production (NOMP) ha signed a protocol with UAE's Advanced Technology Development (ATD), a leading provider of services, maintenance and development of power plants.