The ministry adopted new strategies that depended on continuous development and modernization, which gave strong impulses to the oil and gas sector to achieve unprecedented success stories over the past seven years.

Egypt did not witness any shortages in petroleum products during the pandemic thanks to the plans and strategies of the Ministry of Petroleum and Mineral Resources (MoP), the Head of Energy and Environment Committee, Talaat El Sewedy, stated.

Following a new report from the CMFE Insights Research Foundation, the Sultanate of Oman’s oil and gas sector is expected to grow at a compound rate of 14% between the years 2020 to 2027.

The Minister for Oil of the Kingdom of Bahrain and Chairman of Tatweer Petroleum, Mohamed bin Khalifa bin Ahmed Al Khalifa, and Eni’s CEO, Claudio Descalzi, signed a Memorandum of Understanding (MoU) seeking to enhance collaboration in the energy sector in the Arab country.

Abu Dhabi National Oil Company (ADNOC) announced a new discovery of 80 trillion standard of cubic feet (TSCF) of shallow gas in the area between Saih Al Sidirah in Abu Dhabi and Jebel Ali in Dubai of UAE.

The forum, which is held under the patronage of the Custodian of the Two Holy Mosques King Salman,  discussed the threat of cyber-terrorism to governments, businesses, and individuals and offered a chance for concerned parties to share their views on creating greater cyber resilience, capacity and management of the increasing threat.

A new restructuring plan for the petroleum sector was approved by Prime Minister Moustafa Madbouly.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, signed two agreements with ExxonMobil, for exploration and production (E&P) activities of natural gas at the Mediterranean.

EGYPS 2020 is going to discuss several topics related to the transformation of Egypt into a regional energy hub, the development of the exploration and production (E&P) activities, as well as refining and marketing activities. Moreover, the conference will discuss as well the health, safety, and environment (HSE) activities, the role of women in the sector, and empowering youth to prepare them to be the next generation of leaders.

SDX Energy, the Middle East and North Africa (MENA)-focused oil and gas company, announced that it expects its production to reach 6,750 -7,000 barrels of oil equivalent per day (boe/d) in 2020.