Egypt

Schneider Electric: Digital Transformations will Develop New Industries for Egypt

Up to 60 percent of GDP in emerging markets will be based on digital products and services;

Egyptian-Hungarian talks in the field of oil and gas

Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources, met the Hungarian Ambassador, András Kovacs, sunday, to discuss cooperation in the oil and gas sector, according to a press release.

Libyan government source: We are ready to provide Egypt oil needs

A high level government source in the interim Libyan government said that Libya is ready to provide all of Egypt oil needs.

Al-Mulla: 12 new agreements with international companies, including Chevron for the first time

Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources, highlighted securing 12 exploration and production (E&P) agreements with working international oil companies (IOCs) in Egypt and newly-enrolled companies such as; Chevron and ExxonMobil despite the pandemic challenges.

GPC Allocates 150 Million for “North West” Pipeline Project in the Eastern Desert

General petroleum Company (GPC) has allocated EGP150 million for implementing 8-inches pipeline project to exploit gases produced from “North West” field in the Eastern Desert.

PhPc Increased natural gas production to 450 million cubic feet per day

The Pharaonic Petroleum Company’s production rates of natural gas increased significantly during the current period, reaching 450 million cubic feet per day, and about 8 thousand barrels of condensate.

An Egyptian plan to increase oil production and attract investments

Engineer Tariq Al-Molla, Minister of Petroleum and Mineral Resources, affirmed that the numerous reforms implemented by the state over the past years at all levels, which included major reforms in the oil and gas sector, had led Egypt to achieve significant successes at the economic level despite the challenges of the Corona pandemic during the past months.

TownGas delivered Natural gas to 50k housing unit in Abu Al Nomros, Giza

The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced the connection of Abu Al Nomros area to natural gas grid for the first time to provide natural gas to about 50,000 clients, according to a press release.