investments | Egypt Oil & Gas - Part 13

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

Minister of Petroleum and Mineral Resources Tarek El Molla stated that Egypt together with all its global partners will develop 30 offshore discovery wells over the coming two years. El Molla said in an interview with...

Energy Leaders Talk Net Zero Investments at Gastech 2023

Kicking off day two of Gastech Exhibition & Conference 2023, global energy leaders discussed ways for securing and deploying the multi trillion-dollar investments needed to achieve net zero goals! In a panel, enti...

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. During the meeting, El...

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 ...

Apache to Invest $1.4B in Egypt in 2024

Prime Minister Mostafa Madbouly and Minister of Petroleum and Mineral Resources Tarek El Molla have met with a high level delegation from Apache Corporation to review the company’s plans and investments in Egypt...

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. During t...

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, develop...

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 the ...

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

Minister of Petroleum and Mineral Resources, Tarek El Molla confirmed that Egypt has begun implementing an ambitious program in cooperation with Eni, Chevron, ExxonMobil, Shell, and bp to drill 35 new exploration well...

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. During the meeting, Saeed show...

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