Minister of Petroleum | Egypt Oil & Gas - Part 39
Shell Invested $450m in Egypt
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Shell's Executive Manager of Exploration and Production, Andy Brown, during his visit to Egypt.
El Molla Signed 3 New Petroleum Exploration Deals
Egypt signed 3 new petroleum agreements with the Italian Egyptian Oil Company (IEOC), a subsidiary of Eni, and UK's BP. The deals are worth $595m and are for the exploration and production of natural gas and oil.
Foreign Firms Invested $6.6b in Egypt’s Oil Sector
Foreign investments in Egypt's oil and gas sector during fiscal year 2015/2016 reached $6.6b. El Molla Met with Egyptian Ambassadors
he Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Egypt's upcoming ambassadors to several countries to discuss their role in attracting foreign investment in the oil and gas sector.
Egypt Studies State-Owned Oil Companies for IPO
Minister of Petroleum Tarek El Molla told Reuters that the Egyptian Ministry of Investment is to study the suitability of listing eight state-owned oil companies on the Egyptian Stock Exchange or share issuance.
Petroleum Minister Inspects Ethylene Project in Alexandria
Minister of Petroleum and Mineral Resources Tarek el Molla visited the ethylene production project in Alexandria, to inspect its implementation, reported State Information Service. The project is worth $1.9b, and rep ...
Tarek El Molla in Energy Talks with Head of EDF
Egypt Oil & Gas learned that Tarek El Molla, Minister of Petroleum and Mineral Resources, held extensive talks with Jean-Bernard, CEO of France’s EDF, parent company of Italy’s Edison. EDF was part of the delegation ...
Petroleum Minister: No Increase in Energy Prices in July
The Cabinet has decided to postpone the hike in energy prices, scheduled for July, due to the worldwide decline in prices of oil, Petroleum Minister Sherif Ismail said.
