R | Egypt Oil & Gas
El Molla Meets with Heads of 40 Companies
Tarek El-Molla, Minister of Petroleum and Mineral Resources, met with the heads of 40 joint venture companies to discuss different methods of boosting oil and gas production in Egypt, reported Egypt Oil & Gas.
Trident Petroleum Signs PSA worth $4.5m
Trident Petroleum Egypt signed a new petroleum agreement for oil and gas exploration in the Gulf of Suez area. The agreement entails a minimum investment of $4.5m, a signature bonus of $500,000, and the drilling of s ...
Petroleum Ministry: Payments Being Made on Time
The petroleum sector has been able to fulfill its financial obligations in business dealings on a regular basis. New Promotions in the Petroleum Sector
The Minister of Petroleum and Mineral Resources, Tarek El Molla, approved the following list of transfers and promotions for the heads of state companies in the petroleum sector.
El Molla Signs Two New Exploration Agreements
Tarek El-Molla, Minister of Petroleum and Mineral Resources, signed two new agreements for oil and gas exploration in the Gulf of Suez and Western Desert. The first agreement is for the Haliph area in the Western Des ...
GANOPE to Expand into Renewable Energy
Ganoub El Wadi Petroleum Holding Company GANOPE agreed, during an assembly meeting, that the company should expand its activities to include unconventional sources of energy during the coming period. The meeting was ...
EU to Loan Egypt $74m to Connect Households to Gas Grid
Egypt has signed a loan agreement with the EU for $74.5m (EUR 68m) to help finance a number of projects for the delivery of natural gas in Egypt, especially to poorest areas, reports Egypt Oil & Gas.
El Molla Inspects MOPCO’s New Factories
Minister of Petroleum and Mineral Resources Tarek El Molla confirmed that the ministry's strategy in the petrochemical industry is based on expanding the added value of natural gas through establishing many petrochem ...
