Ministry of Petroleum and Mineral Resources | Egypt Oil & Gas - Part 2

Shell Egypt signs Two PSCs for Blocks in Red Sea, Mediterranean

Shell Egypt has announced it signed production sharing contracts (PSCs) in the offshore and deep-water concession of the Red Sea at Block 3 with distance of 3,097 Km² and in the offshore North Kanayes of Herodotus ...

EOG Upstream Technical Convention Postponed Due to Pandemic

The Egypt Oil & Gas (EOG) Upstream Technical Convention has been postponed to the end of March or the beginning of April due to the current circumstances of the Covid-19 pandemic, Mohamed Fouad, Committee Co-Chair ...

Neptune Appoints Mohamed Mounes as New Managing Director for Egypt

Neptune Energy company announced that it has appointed Mohamed Mounes as a Managing Director for its base in Cairo to take on the role starting from December.

EL Molla Issues New Transfers Movement

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued a new transfers movement among the petroleum companies in the aim of supporting the petroleum sector with the necessary efficiencies to a ...

The Cabinet Approves Mechanism to settle Debt Owed to MoP

The Cabinet approved to settle the debt owed to the Ministry of Petroleum and Mineral Resources by some companies affiliated with the Ministry of Public Business Sector for their natural gas withdrawals.

EGAS Approves SDX’s Two-Year Extension in Disouq

The Ministry of Petroleum and Mineral Resources represented by Egyptian Natural Gas Holding Company (EGAS) approved to extend the agreement of SDX company in South Disouq concession for two years.

EBRD to Fund APC’s Project with $250 MM

The European Bank for Reconstruction and Development (EBRD) announced its provision of a sovereign loan to fund a project by Alexandria Petroleum Company (APC) worth $250 million for upgrading water and energy eff ...

Unified Government Complaints System Delegation Praises MoP’s Performance

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has met a delegation from the Government Unified Complaints System which praised the ministry’s performance for its immediate response for any recei ...

Three Renowned Firms Submit Bids in Egypt’s Gold Tender

Canadian firm Barrick Gold, Egypt-focused Centamin, and Naguib Sawiris' La Mancha Resources are competing in Egypt's international bid round for gold mining, which the Ministry of Petroleum and Mineral Resources a ...

Natural Gas Vehicles to Save Citizen EGP 1,200 Monthly

The Minister of Petroleum and Mineral Resources, Tarek El Molla, said that natural gas usage as fuel will save about EGP 1,200 monthly for each citizen who uses an average 10 liters of gasoline 92 per month.

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