E&P | Egypt Oil & Gas - Part 4

Apex to Drill 15 New Wells in 2023

The CEO of Apex International Energy Company Roger Blank affirmed that his company is planning to drill 15 new wells in 2023, referring to the promising outlook in Egypt that motivates companies to increase exploratio...

Egypt, Wintershall Dea Agree to Explore CCUS Opportunities

Minister of Petroleum and Mineral Resources Tarek El Molla has met with the CEO of Wintershall Dea Mario Mehren where they agreed on working together to explore carbon, capture, storage and utilization (CCUS) opportun...

Eni Pushes to Expand Renewable Energy in Egypt

Eni’s CEO Claudio Descalzi stated that his company aims to build renewable energy projects, including solar and wind energy, to produce 10 gigawatts of electricity during the upcoming period in Egypt. Descalzi s...

ExxonMobil to Expand Investments in Egypt

Minister of Petroleum and Mineral Resources Tarek El Molla has met a delegation from ExxonMobil chaired by Hugo Detré, the company’s EAME Retail Sales and Marketing Manager, to discuss the expansion and developm...

PetroSafe, Chevron Explore Cooperation Opportunities in HSE

Petroleum Safety and Environmental Services Company (PetroSafe) and Chevron have discussed cooperation opportunities in line with Chevron’s strategy to expand its exploration and production (E&P) activities ...

Shell Shows Commitment to Ramp Up Exploration, Discovery Operations in Egypt

During a meeting with Minister of Petroleum and Mineral Resources Tarek El Molla, Cederic Cremers, Shell’s Executive Vice President, LNG East, stated that Shell is committed to ramping up its exploration and discovery...

Madbouly, El Molla Meet to Discuss E&P Operations, Petroleum Products Supplies

Prime Minister Mostafa Madbouly has met the Minister of Petroleum and Mineral Resources Tarek El Molla to check on the progress of the ministry’s efforts in implementing the presidential directives regarding explorati...

PM Tasks Petroleum Ministry with Attracting Exploration Investments

In a meeting held by Prime Minister Mostafa Madbouly to follow up on presidential directives, the Ministry of Petroleum and Mineral Resources was given the task of setting a roadmap and timeline to attract new oil and...

PETRONAS Finalizes Sale of EPOMS to Janamurni Sdn

PETRONAS Carigali Sdn Bhd (PCSB) announced it has completely transferred its ownership of E&P O&M Services Sdn. Bhd. (EPOMS) to Janamurni Sdn. Bhd. According to the statement, “EPOMS is wholly owned by E...

PETRONAS Signs PSCs for Five Exploration Blocks in Malaysia

As a part of Malaysia Bid Round (MBR) 2021, PETRONAS announced that it has signed production sharing contracts (PSCs) for five offshore exploration blocks in Malaysia. Three of the blocks which are SB412, 2W, and X, a...

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