Ministry of Petroleum | Egypt Oil & Gas - Part 11

Egypt to Invest $1.5 B in 4 Petrochemical Projects

The Egyptian Ministry of Petroleum plans to allocate $1.5 billion over four years to expand the petrochemical industry through four new petrochemical projects.

Schlumberger Signs Three MoUs during ECE Inauguration

Schlumberger has officially inaugurated the Egypt Center of Efficiency (ECE) facility at the Polaris Industrial City in 6th of October. The event also witnessed the signing of three memoranda of understanding (MoU ...

EDC Hosts Ministry of Petroleum’s Annual Safety Day

The Ministry of Petroleum's Annual Safety Day 2018, held on December 6 at the Egyptian Drilling Company's (EDC) headquarters in Cairo, brought together oil and gas leaders to discuss safety culture, leadership, an ...

Egypt Sets $20B E&P FDI Target over Three Years

The Egyptian Ministry of Petroleum and Mineral Resources plans to attract $20 billion in foreign direct investment (FDI) for exploration and production (E&P) over the next three years.

Egypt Targets Boosting Crude Oil Production by 10,000 b/d

The Egyptian Ministry of Petroleum and Mineral Resources is aiming to increase crude oil production by 10,000 barrels per day (b/d) by the beginning of 2019.

Egypt, BP Talk Giza, Fayoum Development

Egypt's Minister of Petroleum, Tarek El Molla, has met with BP Upstream CEO Bernard Looney to discuss the status of the development of Giza and Fayoum fields.

Egypt Imports 17 LNG Cargos in Q1 2018/19

Egypt has imported a total of 17 liquefied natural gas (LNG) cargos during Q1 of fiscal year (FY) 2018/19 worth $500 million.

Egypt, Cyprus to Sign Gas Pipeline Agreement Today

The Egyptian Ministry of Petroleum will sign the agreement for establishing the natural gas pipeline between Egypt and Cyprus on September 19.

El Molla: “This Is Not The Last Fuel Price Hike”

Fuel prices will witness another increase in 2019, Egyptian oil minister Tarek El Molla announced on June 20, only four days after the latest fuel price hike.

Petroleum Ministry Invests in Employee Skills

Petroleum minister Tarek El Molla has announced that the third phase of the ministry's modernization program includes a set of advanced training programs to develop the skills of the ministry's employees.

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