investments | Egypt Oil & Gas - Part 11

Khalda’s Average Daily Production Reaches 220,000 boe in FY 2022/23

Saeed Abdel Moneim, Chairman of Khalda Petroleum Company stated that the company's average crecorded 220,000 barrels of oil equivalent per day (boe/d) during the fiscal year (FY) 2022/23 in light of the pumping of ...

Agiba Petroleum’s Investments Reach $371M in 2022/23

This came during the work of the general assembly of Agiba Petroleum Company via video conference technology to approve the results of the work of the fiscal year 2022/23.

Top Eni Official: North Africa to be Italy’s Main Gas Supplier

Eni's Natural Resources Chief Operating Officer, Guido Brusco, announced that Algeria, Egypt and Libya will be Italy's main gas suppliers for the next few years.

Egypt, Partners to Develop 30 Offshore Discovery Wells over 2 Years: El Molla

It will take more than $1.5 billion investments and commitment from our partners Shell, Eni, bp, Chevron, and ExxonMobil. So, this is very important for our Egyptian oil and gas resources.”

Energy Leaders Talk Net Zero Investments at Gastech 2023

Kicking off day two of Gastech Exhibition & Conference 2023, global leaders discuss securing and deploying the multi trillion-dollar investments needed to achieve net zero goals!

Eni to Invest 7.7B in Egypt’s Energy Sector Over 4 Years

President Abdel Fattah El Sisi met with Eni’s CEO Claudio Descalzi and a number of the company’s senior officials, in the presence of Tarek El Molla, Minister of Petroleum and Mineral Resources.

bp to Invest $3.5B in Exploration, Development in Egypt in the Next Three Years

President Abdel Fattah El Sisi met with Bernard Looney, CEO of bp, in the presence of Tarek El Molla, Minister of Petroleum and Mineral Resources, and Nader Zaki, the company's regional president for the Middle Ea ...

Apache to Invest $1.4B in Egypt in 2024

The company has important working and friendship relations with Egypt, explaining that the company has implemented plans to modernize work mechanisms at its sites in Egypt, which enabled Apache to increase oil pro ...

Aton Resources to Boost Investments in Egypt’s Mining Industry

Minister of Petroleum and Mineral Resources Tarek El Molla met with Tõnno Vähk, CEO of Aton Resources, and Cherif Barakat, the company's Country Manager, on the sidelines of the Egypt Mining Forum 2023.

El Molla Reveals Annual Plan with $8B Oil, Gas Investments

Minister of Petroleum and Mineral Resources Tarek El Molla revealed an annual plan that includes investments worth $8 billion in the oil and gas sector during the current fiscal year for research, exploration, dev ...

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