The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued a new transfers movement among the petroleum companies to support the petroleum sector with the necessary capabilities and achieve the targeted goals.

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, announced a slate of appointments and promotions.

Tarek El Molla, has appointed the geologist Mustafa Taher as President of Esh El Mallaha Petroleum Company (ESHPETCO).

Esh El Mallaha Petroleum Company (Eshpetco) is planning to conduct its drilling plan for the current fiscal year of 2010-2011. The plan includes drilling two development wells and the possibility of drilling an exploratory well in the West Esh El Mallaha field in Hurghada.