investments | Egypt Oil & Gas - Part 16
El Molla Approves Agiba, Pharaonic Petroleum Budget Plans for FY 2023/24
Minister of Petroleum and Mineral Resources Tarek El Molla has chaired the general assemblies of Agiba Petroleum Company and Pharaonic Petroleum Company to approve their budget plans for fiscal year (FY) 2022/23 and t...
El Molla Receives Australia’s New Ambassador to Boost Bilateral Energy, Mining Cooperation
Minister of Petroleum and Mineral Resources Tarek El Molla has received Australia’s new ambassador to Egypt Axel Wabenhorst in a meeting during which they explored opportunities to enhance cooperation and invest...
GUPCO to Invest $588M to Enhance Production Efficiency During FY 2023/24
Chairman of Gulf of Suez Petroleum Company’s (GUPCO) Salah Abdel Kareem stated that his company has a plan to invest $588 million during the fiscal year (FY) 2023/24 to enhance petroleum production rates to reac...
Petroleum Projects Exempted from Investment Rationalization Decision: El Molla
Egyptian oil and gas sector projects will be excluded from the government’s decision to rationalize investment dollar spending, Minister of Petroleum and Mineral Resources Tarek El Molla, told CNBC in an Interview. El...
El Molla Chairs Workshop for Exploring Mining Investment Opportunities at the Golden Triangle Economic Zone
The Minister of Petroleum and Mineral Resources Tarek El Molla chaired a workshop for coordination between the mining and industrial sectors to explore investments opportunities at the economic zone located in the gol...
El Molla Meets US Delegation to Discuss Energy Cooperation at 8th EMGF Ministerial Meeting
On the sidelines of the East Mediterranean Gas Forum (EMGF) 8th Ministerial Meeting, the Minister of Petroleum and Mineral Resources Tarek El Molla has met with a US delegation to explore cooperation in oil, gas, and ...
Egypt, EU Discuss Strategic Energy Relations
Minister of Petroleum and Mineral Resources Tarek El Molla met with the European Union (EU) Commissioner for Energy Kadri Simson to discuss strategic bilateral energy relations on the sidelines of COP27. The two sides...
Egypt, GE Explore Hydrogen, Emissions Reduction Cooperation
Minister of Petroleum and Mineral Resources Tarek El Molla has met with a delegation from General Electric (GE) to explore the possibility of boosting cooperation in sustainability, emissions reduction and hydrogen pr...
