El Molla Launches Petroleum Sector Blood Donation Campaign
The Minister of Petroleum and Mineral Resources, H.E Eng. Tarek El Molla, launched today the Egyptian petroleum sector’s first nationwide blood donation campaign.
The Minister of Petroleum and Mineral Resources, H.E Eng. Tarek El Molla, launched today the Egyptian petroleum sector’s first nationwide blood donation campaign.
Minister of Petroleum and Mineral Resources Tarek El-Molla revealed that Egypt has successfully decreased foreign partners' arrears by more than 80% between 2012 and 2018.
Total and other international oil companies (IOCs) plan to renew their business licenses to continue their operations in Libya.
President Abdel-Fattah El-Sisi met with the CEO Noble Energy, David Stover, to discuss the firm’s exploration activities in the Egyptian oil and gas sector.
Petroleum Intelligence Weekly announced Egypt to be a must-have petroleum investment destination for IOCs due to the Zohr giant gas discovery made by Eni in 2015.
The new agreements will boost production capacities, expand E&P operations and contribute to social development in the areas of exploration.
Egypt signed over 12 E&P agreements with IOCs during 2018, Minister of Petroleum Tarek El Molla said,
International oil companies (IOCs) aim to increase exploration and production (E&P) investments to reach $11 billion by the end of fiscal year (FY) 2018/19, compared to $10 billion in FY 2017/18.
The Egyptian oil and gas sector plans to repay $1 billion each year to international oil companies (IOCs) that work in Egyptian concession areas.
Minister of Petroleum and Mineral Resources, Tarek El Molla, met with heads of several international oil companies (IOCs) on the sidelines of the Abu Dhabi International Exhibition & Conference (ADIPEC 2018).