El Molla Signs Two E&P Deals Worth $65M
Oil minister Tarek El Molla has signed two oil and gas exploration and production (E&P) agreements in the Sinai and the Suez Gulf with investments of $65 million and $3.5 million signature grant.
exploration and production | Egypt Oil & Gas - Part 6
Oil Ministry Signs Three Exploration Agreements Worth $139.2M
Oil minister Tarek El Molla has signed three new exploration contracts to drill 15 wells in the Mediterranean and the Western Desert with an investment budget of $139.2 million and a $55 million signing grant.
Oil Ministry Signs Three Exploration Agreements
The Ministry of Petroleum signed three new agreements for oil and natural gas exploration in the northern Sinai Peninsula and the Gulf of Suez on July 11.
Japan Ambassador Discusses Collaboration with Egypt Oil Sector
Petroleum minister Tarek El Molla discussed Toyota's contribution to the Suez refining and petrochemical complex and the Assiut mazut refinery with the Japanese ambassador to Cairo, Takehiro Kagawa.
Iran to Start Global Tenders
Iran will invite foreign companies to bid for oil and gas projects in the country's first round of tenders since sanctions were lifted in January.
Rising Oil Prices Add Pressure to Shell-BG Deal
Rising oil prices are putting Royal Dutch Shell under pressure to execute its landmark $70 billion deal to buy rival BG as soon as possible before investors in BG start to take a more critical look at the terms.
