investments | Egypt Oil & Gas - Part 12

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 ...

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 ...

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