investments | Egypt Oil & Gas - Part 12

Al Mazrouei: UAE to Invest AED 150-200B by 2030 in Securing Energy Demand

The UAE’s Minister of Energy and Infrastructure Suhail bin Mohammed Al Mazrouei, announced that his county will invest between AED 150-200 billion by 2030 to meet energy demand while sustaining economic growth in ...

Egypt to Drill 35 New Natural Gas Exploration Wells over 2 Years with $1.8B in Investments: El Molla

The new wells will be drilled with a total of investments amounting to $1.8 billion, with 21 wells during the current fiscal year 2023/24 and 14 wells during the fiscal year 2024/25.

El Molla Reviews Efforts to Monetize Golden Triangle Potentials

Minister of Petroleum and Mineral Resources Tarek El Molla has met with the Board of Directors of the General Authority for the Economic Zone of the Golden Triangle headed by Adel Saeed.

ArcelorMittal Jubail Explores ways to Expand Activities in Egypt

Minister of Petroleum and Mineral Resources Tarek El Molla has met a delegation from ArcelorMittal Jubail headed by the company’s CEO Gabriel Angel Monti to discuss ways of boosting bilateral cooperation.

El Molla: Egypt’s Flexible Mining Strategy Attracts International Investments, Expertise

Minister of Petroleum and Mineral Resources Tarek El Molla affirmed that Egypt has succeeded in attracting international investments and various expertise to operate in it through the launch of a flexible strategy ...

El Molla Reviews Capricorn Energy’s E&P Plans in Egypt

Minister of Petroleum and Mineral Resources Tarek El Molla has met with Capricorn’s CEO Randy Neely and the company's Managing Director in Egypt Eleanor Rowley to review the company’s exploration and production (E ...

Egypt Signs 119 Petroleum Agreements Over the Past Nine Years

The Ministry of Petroleum and Mineral Resources (MoPMR) stated that after the petroleum sector returned to bidding, 119 new petroleum agreements were signed with international companies, with investments of $22.3 ...

El Molla Awards Second License for Marine Fuel Supply to Peninsula Petroleum

Minister of Petroleum and Mineral Resources Tarek El Molla has delivered the second license for supplying marine fuels to the Peninsula Petroleum which will start its business at Egyptian ports in the Mediterranea ...

El Sisi Inaugurates Quartz Complex in Ain Al-Sokhna

President Abdel Fattah El- Sisi witnessed the inauguration of the quartz production complex in Ain Al-Sokhna in attendance of Prime Minister Mostafa Madbouly alongside a number of ministers and seniority officials ...

El Molla, Reed Review Weatherford’s Business in Egypt

Minister of Petroleum and Mineral Resources Tarek El Molla has met Weatheford’s Senior Vice President and Chief Commercial Officer David Reed to discuss the company’s activities in Egypt and its efforts to expand ...

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