The Minister of Petroleum and Mineral Resources, Tarek El Molla, issued a new round of transfers within the Heads and Vice Presidents (VPs) in the petroleum and mining sector’s companies in his endeavor to support the sector with the necessary competencies.

Egypt Oil & Gas has learned that Offshore Shukeir Oil Company Co. (OSOCO) is preparing to launch a tender for a new rig for its development plan for the current fiscal year in the Gabal Al-Zayt concession area in the Gulf of Suez.