Latest in Tag: Minister of Petroleum Tarek El Molla Highlight
Latest in Tag: Minister of Petroleum Tarek El Molla

Petroleum Ministry to repay part of its dues to foreign partners in May
The ministry will complete the repayment of its dues after receiving the third tranche of the World Bank and AFDB loans, sources said

Zohr, Atul, North Alexandria fields to start production this year: Petroleum Ministry
$834m of investments over FY 2016/2017 to intensify exploration and drilling activities, says Atef Hassan

Oil company IPOs to be held in Egyptian, international stock exchanges: El Molla
The Ministry of Petroleum and Mineral Resources introduced a list including eight petroleum and petrochemical companies to the Ministry of Investment and ICapital—a National Investment Bank company and coordinator of the IPOs programme—to be in charge of offering part of their shares or increasing their capitals through the Egyptian Exchange (EGX). Minister of Petroleum Tarek …

As Nooros field reaches record production, BP and Ministry of Petroleum sign 3 concession amendments
BP announced it has signed three concession amendments with the Minister of Petroleum Tarek El Molla for the Temsah, Ras El Barr, and Nile Delta offshore concessions in Egypt. These amendments allowed for the economic development of the Nooros field, where the company recently achieved record production. Hesham Mekawi, regional president of BP North …