Minister of Petroleum and Mineral Resources | Egypt Oil & Gas - Part 9
Egypt Participates in OPEC+ Meeting
The Minister of Petroleum and Mineral Resources, Tarek El Molla, participated in the Organization of the Petroleum Exporting Countries and its allies (OPEC+) meeting on reducing oil supplies in the global oil market t...
EDC Owns 60% of Egypt’s Onshore Drilling Market
The Egyptian Drilling Company (EDC) now owns 60% of the local onshore drilling market, 34% in onshore maintenance, and 25% of offshore drilling market in Egypt, according to a press release. Osama Kamel, EDC’s Chairma...
New Town Gas Chairman chairs Board of Directors Meeting
Mohamed Kandil, the new Chairman and Managing Director of the Egyptian Company For Natural Gas Distribution (Town Gas), chaired his first board of directors meeting, which approves procedures of the company’s le...
El Molla Reviews IOCs Future Investments in Egypt
Tarek El Molla, Minister of Petroleum and Mineral Resources discussed with some international oil companies (IOCs) their future investments and activities in Egypt, according to a press release. In a meeting with the ...
El Molla Approves New Gas Transmission Tariff
The Gas Regulatory Authority (GASREG), headed by Minister of Petroleum and Mineral Resources Tarek El Molla, approved a transmission tariff for the natural gas grid in 2020, valued at 37.5 cents per million British th...
Khalda’s Investments to Reach $792 MM in FY 2020/21
Khalda Petroleum Company’s – a joint venture (JV) between Egyptian General Petroleum Corporation (EGPC) and Apache -investments are expected to reach $792 million during Fiscal Year (FY) 2020/21, according...
El Molla Reviews Qarun Budget for FY 2019/20 -2020/21
The Minister of Petroleum and Mineral Resources, Tarek El Molla, headed the general assembly meeting of Qarun Petroleum Company to review the adjusted budget for Fiscal Year (FY) 2019/20, and the planning budget for F...
El Molla Reviews Rashpetco’s Budget for FY 2019/20- 2020/21
The Minister of Petroleum and Mineral Resources, Tarek El Molla, headed the general assembly meeting of Rashid Petroleum Company (Rashpetco) to review the adjusted budget for Fiscal Year (FY) 2019/20, and the planning...
