Petrozenima | Egypt Oil & Gas

El Molla Appoints New NOCs Heads

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 ...

ADES Egypt Revenues Record $39.2 MM in H1 2020

Advanced Energy Systems (ADES) earned $39.2 million in revenues from its work in Egypt during H1 2020 against $43.6 million in H1 2019; indicating a 10% year-on-year (YoY) decrease.

El Molla Announces Ministerial Promotions

Egypt's Minister of Petroleum, Tarek El Molla, has announced new promotions and transfers for senior positions in the Ministry of Petroleum.

PetroZenima Connects Drilled Wells to Production Platforms

PetroZenima has drilled eight wells in the 39km Mozhel field in the Gulf of Suez concession area. The first and second wells were connected and began producing from 500b/d to 800b/d of oil.

Sea Dragon Announces Extension to Closing of Acquisition of NPC Egypt

Sea Dragon and Golden Crescent Investments Ltd. have reached a non-binding understanding to extend the date by which Sea Dragon shall be required to complete its acquisition, directly or indirectly, of all of the iss ...

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