The President Abdel Fattah El Sisi, has stressed on continuing the modernization of the oil and gas sector through developing the petrochemicals industry to cope up with the international market variables.

Minister of Petroleum, Tarek El Molla, met with trainees from the first batch of youth enrolling in the young and middle-management program, comprising of 117 men and women who succeeded in the required tests and are ready to enroll into the program.

Emerson and Fores Engineering has signed a $32 million modernization contract with Algerian state-owned Sonatrach for its gas processing plant in Alrar.

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, joined Riccardo Puliti, Senior Director of Energy & Extractives at the Wold Bank (WB), and accompanying delegation to discuss oil and gas projects funded by the WB.

The Ministry of Petroleum and Mineral Resources aims to boost efficiency and attract investments through five new initiatives.

South Korea’s SK Engineering & Construction Company will partner with Iran’s Tabriz Oil Refining Company to conduct $1.6 billion worth of renovations at the Tabriz facility.

Tarek El Molla chaired the meeting of the Higher Committee for Developing and Modernizing the Petroleum Sector.

Egyptian Minister of Petroleum, Tarek El Molla, announced the end of planning phase and the start of the modernization execution.