Sunday, 4th October 2020
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.
Thursday, 24th September 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.
Thursday, 20th September 2018
Egypt's Minister of Petroleum, Tarek El Molla, has announced new promotions and transfers for senior positions in the Ministry of Petroleum.
Sunday, 26th March 2017PetroZenima 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.
Wednesday, 2nd May 2012Sea 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 issued and outstanding shares of National Petroleum Company Egypt Limited.