Oil | Egypt Oil & Gas - Part 5
India’s Rana Group Eyes $12 Billion Investment in Egypt’s Green Hydrogen Production
Minister Plenipotentiary Trade and Head of Commercial Representation Yahya Al Wathiq Billah has met with representatives from India’s Rana Group, a leading company in several economic sectors, such as electric v...
Egypt, India Tighten Bonds in Oil, Gas Cooperation
Minister of Petroleum and Mineral Resources Tarek El Molla has met with Ajit Gupte, Indian Ambassador in Cairo, where they discussed ways to enhance bilateral cooperation in the fields of oil, gas, petrochemicals, hyd...
El Molla Discusses Deepening Cooperation With US Ambassador to Egypt
Minister of Petroleum and Mineral Resources Tarek El Molla has met with Herro Mustafa Garg, US Ambassador to Egypt, who recently assumed her duties. The meeting discussed ways to deepen cooperation between the two sid...
Egypt, Slovakia Explore Investment Opportunities, Bilateral Energy Cooperation
Minister of Petroleum and Mineral Resources Tarek El Molla held talks with Lenka Miháliková, Ambassador of the Slovak Republic in Cairo, to discuss investment opportunities and bilateral cooperation in oil, gas, and e...
UOG Average Production in Egypt Reaches 1,024 boe/d in 2023
United Oil & Gas Plc (UOG) working interest production in Egypt averaged 1,024 barrels of oil equivalent per day (boe/d). This was divided into 946 barrels of oil per day (b/d) and 78 boe/d gas, for the year to 5 ...
Egypt’s Petroleum Imports Dropped by $138.1M in 2022/23
Egypt’s petroleum imports decreased by $138.1 million, during fiscal year 2022/23, according to the Central Bank of Egypt’s (CBE) Balance of Payment. This comes as a result of a decrease in crude oil impor...
Equinor Starts Oil Production from Statfjord Øst
Equinor announced that commence of production from its Statfjord Øst project which is expected to increase production from this field by 26 million barrels of oil equivalent (mmboe). It added that the oil recovery rat...
Oil Prices Within Range of $75/bbl Balance Interests of Producers, Consumers: El Molla
In an interview with CNBC Arabia on the sidelines of the international symposium of OPEC in Vienna, Minister of Petroleum and Mineral Resources Tarek El Molla confirmed that oil prices within the range of $75 per barr...
