El Molla | Egypt Oil & Gas - Part 17
El Molla: Egypt Turns Challenges into Opportunities
Speaking at EGYPS 2017's opening speech. the Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, said that the Ministry is aiming to create an attractive investment environment and turn challenges i ...
Egypt’s Oil ,Gas and Mining Investments Increase by 3.9%
Egypt’s investments in oil, gas, and mining sectors rose 3.9 % to $15 b during the first quarter of financial year 2016/2017.
El Molla Issued New Promotions
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, issued promotions and transfers in the petroleum sector.
Aramco, SUMED Expand Saudi Oil Shipment to Europe
Saudi Aramco and Egypt's SUMED pipeline operator have signed a contract to boost the capacity of Saudi oil transported via SUMED from the Egyptian Ain Sukhna port on the Red Sea coast to Aramco's customers in Europe. Egypt’s Arrears to Oil Firms Rise to $3b at End of 2015
Egypt’s overdue debt to foreign oil companies rose to $3b at the end of December 2015, up from $2.7b at the end of October, said Petroleum Minister, Tarek El Molla.
Drilling Begins at Zohr Field
ENI has begun drilling at Egypt's Mediterranean Zohr field. The company is expected to invest $12b in 20 wells to be completed over 26 months.
