Sunday, 11th October 2020
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 efficiency at the company’s diesel refinery.
Tuesday, 12th March 2019
The modernization project represents the needed value added to the oil ministry as it paves the way to increase the ministry’s contributions to the national development.
Sunday, 16th December 2018
Egyptian Minister of Petroleum Tarek El Molla met with World Bank (WB) Vice President for Infrastructure, Makhtar Diop, to discuss current developments to Egypt's oil and gas infrastructure.
Wednesday, 8th August 2018
Oil minister Tarek El Molla asserted the importance of the sector’s modernization program in transforming Egypt into an energy hub.
Tuesday, 17th July 2018
Oil minister Tarek El Molla discussed launching an electronic portal for auction areas offered in Egypt with Baker Hughes GE President for digital solutions, Matthias Heilmann.
Wednesday, 20th June 2018
The modernization program team has finished the first stage of the resources and assets management system for both the Egyptian General Petroleum Corporation (EGPC) and the Egyptian Natural Gas Holding Company (EGAS).
Wednesday, 30th May 2018
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.
Wednesday, 20th December 2017
Women make up 40% of the workforce in the government’s modernization program in the oil and gas sector.
Monday, 13th November 2017
Egypt is modernizing its oil and gas sector and plans to maximize its potential by 2021.
Tuesday, 1st August 2017Employees of state-owned companies at the Petroleum Complex and of the Ministry of Petroleum and Mineral Resources participated in the second symposium on Egypt's modernization program.