Ministry of Petroleum | Egypt Oil & Gas - Part 21

OGS and Schlumberger to Pool Training Efforts Regionally

Minister of Petroleum and Mineral Resources Sherif Ismail witnessed the signing of a memorandum of understanding (MoU) between the Oil & Gas Skills (OGS) company and Schlumberger for the establishment of a joint o...

Ministery of Petroleum: EGPC in Dire Financial Strain, as Debt Climbs to EGP 101bn

General Petroleum Corporation is facing a difficult financial position as this fiscal year draws to an end. Al-Bourse newspaper learned that the Minister of Petroleum appealed to the Council of Ministers to save EGPC ...

Promotions and Transfers within the Industry

The Ministry of Petroleum and Mineral Resources approved the following list of promotions within State-owned companies: Alaa Al-Batal is now General Manager for Exploration at Qarun, promoted General Manager for Explo...

Petroleum Industry Promotions

The Minister of Petroleum Sherif Ismail approved the following promotions within state-owned companies. Engineer Ali Attia has been promoted to Chairman of Petrosport. Geologist Ossama Nassef has been promoted to Chai...

The Second Annual Energy Investment Conference in Egypt to Kickoff May-25

The second annual Energy and Future of Investment in Egypt Conference is scheduled to take place in Cairo May 25. The conference will be held under the auspices of Egypt’s Petroleum Minister Sherif Ismail and Minister...

Petroleum Ministry Owes EGP 100Bn to Finance Ministry

A General Authority for Petroleum senior official revealed in a statement to Daily News Egypt that the debt of the Ministry of Petroleum to the Ministry of Finance has climbed to reach EGP 100bn. The main reason for t...

Appeal of Former Minister of Petroleum on Israeli Gas Export Charges

Egypt’s top prosecutor will appeal a court ruling acquitting former president Hosni Mubarak’s Petroleum Minister Sameh Fahmy of the charge of exporting gas to Israel below market prices, announced Sunday. ...

Egypt to Receive 2nd LNG Floating Terminal in August

Sherif Ismail, Minister of Petroleum announced the arrival of a second floating LNG terminal in August of this year, Reuters reported. The announcement came days after the first terminal Hoegh Gallant arrived with a f...

Ministry of Petroleum Claims Responsibility for Power Shortage

Using power outage to rationalize local fuel consumption in Egypt is common news; however, this year power shortages have begun much earlier than the expected summer months. The Ministry of Petroleum announced, last T...

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