investments | Egypt Oil & Gas - Part 2

Egypt, Saudi Arabia’s ACWA Seal $4B Deal to Develop Green Hydrogen Project

Saudi-listed ACWA Power has announced that it has signed the framework agreement, to develop the first phase of a green hydrogen project in Egypt with a capacity of 600,000 tons per year of green ammonia, with inv ...

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 ...

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 E ...

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.

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 Med ...

Petroleum Minister, Baker Hughes Examine Projects, Investment Plans in Egypt

Minister of Petroleum and Mineral Resources Tarek El Molla has held talks with Baker Hughes CEO Lorenzo Simonelli at ADIPEC 2023, where they discussed ways of strengthening cooperation in the field of designing an ...

El Molla Reviews Energy Cooperation Progress with Wintershall Dea

Minister of Petroleum and Mineral Resources Tarek El Molla has held a meeting with the COO of Wintershall Dea, Dawn Summers; Managing Director of Wintershall Dea Egypt, Sameh Sabry; and Undersecretary of the Minis ...

bp Reaffirms Commitment to Egypt, Seeks Expansion

On the sidelines of ADIPEC exhibition and conference 2023, the Minister of Petroleum and Mineral Resources, Tarek El Molla has met with the CEO of bp Company, Murray Auchincloss, who affirmed that the company’s in ...

Descalzi Expresses Delight for Eni’s Big Win in Recent Egyptian Bid Round

During his participation in ADIPEC 2023, Claudio Descalzi, the CEO of Eni, expressed his happiness about Eni's winning of three important concession areas in the Egyptian bid round that was offered for oil and gas ...

Copetrole Sells 7.3M Tons of Petroleum Products During FY 2022/23

Cooperation Petroleum Company's (Copetrole) Chairman Nasser Shouman said that the company sold petroleum products amounting to about 7.3 million tons during the fiscal year (FY) 2022/23, through 1,268 stations aff ...

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