El Sisi Orders Maximizing Egypt’s Oil Exploration
President Abdelfatah El Sisi has directed the Cabinet to extend the rate of oil and natural gas exploration, with a focus on maximizing the utilization of the country’s natural resources.
Ministry of Petroleum | Egypt Oil & Gas - Part 5
Petroleum Sector to Achieve Self-Sufficiency Ahead of Time
The government is currently working on finishing all petroleum projects on time, if not earlier, to achieve its plans of self-sufficiency and be an exporter instead of an importer.
Cabinet Approves New Regulations for Oil, Gas Exploration
The Cabinet approved regulations regarding 17 petroleum commitment agreements for the oil and gas exploration, during their 54th meeting.
Petrobel Sets New Production Record with Milestone Achievements
The average production of Belayim Petroleum Company (Petrobel) has exceeded a record 803,000 barrels of oil equivalent per day (boe/d).
Egypt to Drill Two New Gas Wells in North Damietta
The Ministry of Petroleum and Mineral Resources is preparing to drill two new wells in the Mediterranean fields of Atoll and Katameya in the North Damietta offshore concession with about $289 million in investment ...
IDM Appoints New Chairman
The Ministry of Petroleum has appointed Kamel Hassan as Chairman and Managing Director of International Drilling Material Manufacturing Co. (IDM).
EOG Launches New HSE Subcommittee
The first meeting of the EOG HSE Subcommittee was held on Wednesday at Halliburton's office to discuss ideas on how to enhance HSE practices across the Egyptian petroleum sector and raise the level of awareness am ...
KNOC to Boost Investments in Egypt
The Korea National Oil Corporation (KNOC) Chairman, Suyeong Yang stated that the company aims to expand its investments in Egypt to strengthen the bilateral relationship between the two countries, as well as for t ...
ACWA Power Reviews Three Bids for Luxor Power Plant
ACWA Power is comparing three bids from Siemens, General Electric, and Mitsubishi Electric to supply production units for its 2.25 gigawatt (GW) Luxor power plant.
Petroleum Sector Delivers Natural Gas to 10 MM Housing Units
Tarek El Molla, the Minister of Petroleum, announced that the natural gas grid reached around 4 million housing units during the last five years, reaching a total of 10 million units across Egypt.
