Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, issued a new promotion for Chairman of the Egyptian Company for Sport Services for Employees of the Petroleum Sector SAE (Petrosport).
Tarek El Molla visited Khalda Petroleum's concessions in the Western Desert and pointed out measures taken to encourage international oil companies (IOCs) to boost investments in the country.
Sumed Company and National Bank of Kuwait (NBK) signed a $300m agreement to finance part of a project to store petroleum products and natural gas in Ain Sukhna port.