KUFPEC | Egypt Oil & Gas
Shell invests in Egypt’s Mina West Gas Field
BG International Limited, an affiliate of Shell plc (Shell), has made a final investment decision to develop the Mina West gas discovery in Egypt’s Mediterranean Sea. Accordingly, Shell (holding 60% stake) will ...
Egypt Signs Landmark $120 Million Agreement with Cheiron for Gulf of Suez Development
Minister of Petroleum and Mineral Resources Karim Badawi, a delegation of Cheiron Energy officials, which included David Thomas, Member of the Board of Directors; and Alaa El Batal, Chairman of the Egyptian General Pe...
Parliament Approves Three Draft Laws for E&P
In its general meeting held on October 30, the Egyptian Parliament, headed by Hanafy El Gebaly, has approved a number of exploration and production E&P draft laws. The approved laws are to enable Minister of Petro...
KUFPEC, Shell Seal FOA in Egypt
BG International Limited, subsidiary of Shell plc., signed a Farm Out Agreement (FOA) with KUFPEC Egypt Limited (KEL), subsidiary of Kuwait Foreign Petroleum Exploration Company (KUFPEC). According to the agreement, K...
KUFPEC Looks to Increase Investments in Egypt
Minister of Petroleum and Mineral Resources Tarek El Molla has met with a delegation from Kuwait Foreign Petroleum Exploration Company (KUFPEC) to discuss its activities in El-Zeit Gulf and Ras Kanayis as well as incr...
El Molla, KUFPEC Discuss Company Activities, Investments in Egypt
Minister of Petroleum and Mineral Resources Tarek El Molla met with Kuwaiti Ambassador in Cairo Ghanem Saqer Al-Ghanem and Mohammed Al Sarhan, the Kuwait Foreign Petroleum Exploration Company’s (KUFPEC) Country ...
KUFPEC Achieves First Offshore Exploration Discovery
Kuwait Foreign Petroleum Exploration Company (KUFPEC) announced that its wholly-owned subsidiary KUFPEC Indonesia (Anambas) has successfully made its first commercial discovery of gas and condensate in the Anambas Blo...
El Molla: New 12 Petroleum Agreements Worth $1 B
The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced that the new 12 petroleum agreements which were approved by the cabinet , are worth a minimum of $1 billion in addition to a $19 million sign...
