El Molla: IOCs’ Arrears Decline to $200 MM
he Minister of the Petroleum and Mineral Resources, Tarek El Molla, announced that arrears of the international oil companies (IOCs), decreased to $200 million in comparison of $900 million of June 2019.
petroleum sector | Egypt Oil & Gas - Part 17
Edison Starts Drilling North Thekah Concession
Edison announced that it started drilling operations at its first exploration well in North Thekah concession located in the Egyptian Eastern Mediterranean waters.
El Molla Signs Nine E&P Agreements Worth $452 M
The Minister of Petroleum and Mineral Resources, Tarek El Molla, signed nine agreements for exploration and production (E&P) activities in the Mediterranean and the Western Desert with investments worth $452.3 mil ...
GPC to Invest EGP 2.6 B in FY 2020/2021
The Chairman of the General Petroleum Company (GPC), Nabil Abdel Sadek, announced that his company targets drilling 40 exploratory and developmental wells with an investment cost of EGP 2.6 billion in fiscal year ...
Copetrole, Misr Petroleum State FY 2020/2021 Goals
The general assemblies of Cooperation Petroleum company (Copetrole) and Misr Petroleum Company were held on January 19, to approve their budget planning of fiscal year (FY) 2020/2021, headed by the Minster of Petr ...
El Molla Reviews Petroleum Projects in Upper Egypt
The Minister of the Petroleum and Mineral Resources, Tarek El Molla, asserted the importance of the axial role of the Egyptian refineries in the sustainable market settlement in terms of the availability of the pe ...
EPSCO Wins Contract to Supply Caravans
The company has obtained a new contract of supplying and installing ten caravans for AL Alamia Oil Services company and other two for El Wastani Petroleum Company with whole investments worth more than EGP 4 mill ...
France Officially Requests to Join EMGF
France asked to join the membership of Eastern Mediterranean Natural Gas Forum (EMGF) officially during the third edition of the forum.
Israel Pumps Natural Gas to Egypt
The Egyptian minster of the petroleum and mineral resources, Tarek El Molla and the Israeli energy minister, Yuval Steinitz, announced in mutual statement, about a firstfruit pump of natural gas from Israel to Egy ...
Enppi Installs a Production Platform for Petrosalam
Enppi Company announced, as a leader of a consortium leader with Petrojet company, that it successfully designed, fabricated and installed a production platform with the use of a drilling jack-up rig for Petrosala ...
