investments | Egypt Oil & Gas - Part 11
bp Drills Two Wells for Raven Field Development
bp CEO Murray Auchincloss has announced that the company is drilling two wells as part of its development plan for Raven field, highlighting the company’s interest in pumping more investments in its projects in Egypt....
European Commission Director General for Energy Praises Egypt’s Renewable Energy Potential
Director-General for Energy at the European Commission Ditte Juul Jørgensen stated that Egypt has great potential for renewable energy that can be used and expanded. She noted that there are periodical meetings to se...
El Molla: GPC’s Growth Reflects Clear Vision and Investment Boost
During the general assembly of the General Petroleum Company (GPC), Minister of Petroleum and Mineral Resources Tarek El Molla has explained GPC’s recent progress in production came as a result of a clear business str...
Egypt, Saudi Arabia’s ACWA Seal $4B Deal to Develop Green Hydrogen Project
Saudi-listed ACWA Power has announced that it signed the framework agreement, following the MoU that was signed in 7th of December 2022 to outline the development of the first phase of the green hydrogen project in Eg...
Egypt, Belgium Seek to Boost Energy Investments at COP28
Minister of Petroleum and Mineral Resources Tarek El Molla has met with the Belgian Minister of Energy, Timne Van der Straeten, on the sidelines of COP 28 discussing the available investment opportunities in Egypt. Th...
Petroleum Minister Reviews Progress of Baker Hughes’ Projects in Egypt
On the sidelines of COP28, Minister of Petroleum and Mineral Resources Tarek El Molla has held talks with the CEO of Baker Hughes Lorenzo Simonelli to discuss the latest developments of the company’s projects in Egypt...
Madbouly Reviews ExxonMobil’s Expansion Plans in Egypt
Prime Minister Mostafa Madbouly has met with the Vice President of Specialty Products at ExxonMobil Loic Vivier for talks about the company’s projects and expansion plans in Egypt during the coming period. This was in...
El Molla Holds High-Level Talks with ExxonMobil Over Company’s Latest Investments at ADIPEC 2023
At ADIPEC 2023, Minister of Petroleum and Mineral Resources Tarek El Molla held talks with Vice President-Head of Global Exploration at ExxonMobil John Ardill to discuss the company’s latest investments in its Mediter...
