Egypt

CO-OP agreement with Shell Egypt to prepare young leaders for the project to develop and modernize the oil sector.

The first day of the Egypt International Petroleum Exhibition"EGYPS 2020" witnessed the attendance of Engineer Tariq Al Mulla, Minister of Petroleum and Mineral Resources, the signing of an agreement between the Ministry of Petroleum and Mineral Resources and Shell Egypt Company for Cooperation in training and qualifying cadres within the framework of the young and medium management program in the project to develop and modernize the oil sector, which aims to Preparing young leaders according to advanced scientific and practical foundations, whereby Shell Egypt executes practical training and transfers of practical experience to the workers subject of the agreement to implement the training program until December 31, 2020,

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Egypt and Chile sign an agreement for technical cooperation and exchange of experiences in the oil field

On the sidelines of the Egypt International Petroleum Conference and Exhibition "EGYPS 2020", Engineer Tariq Al Mulla, Minister of Petroleum and Mineral Resources, attended by the Chilean Ambassador in Cairo, Pablo Aryan, signed a technical cooperation agreement between the Egyptian General Petroleum Corporation and the Chilean National Petroleum Corporation (ENAP), the two governmental companies of the Arab Republic of Egypt and the Republic of Chile until October 2022 regarding Promote cooperation between them in the field of exchanging technical expertise related to exploration and development of hydrocarbons in the basins in which the Chilean company operates, and exchange information and experiences in the field of non-traditional tanks,

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Project implementation agreement for Petrojet Company in Guinea

Engineer Tariq Al Mulla, Minister of Petroleum and Minerals, witnessed the signing of two memoranda of understanding to work in the implementation of petroleum projects in Equatorial Guinea through Petrojet Company, the executive arm of the Egyptian petroleum sector.

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The Minister of Petroleum signed a memorandum of understanding with the State of Somalia.

Engineer Tariq Al Mulla, Minister of Petroleum and Mineral Resources, signed a memorandum of understanding with his Somali counterpart, Abd Al-Rashid Mohamed Ahmed to support and enhance cooperation between Egypt and Somalia in the fields of oil, gas and wealth Mineral and the transfer of Egyptian experiences in these areas to Somalia through the establishment of mutual cooperation between Petroleum and mining sector companies in both countries.

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Egypt aims for next growth phase with downstream MOUs

At the launch of the fourth edition of Egypt Petroleum Show 2020 (EGYPS) on Tuesday, the country’s energy ministry announced several Memorandum of Understanding (MOU), among which was the Suez Canal Corridor Petro-Refinery Complex.

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TransGlobe Energy announces its 2020 capital budget, 2019 year-end reserves

TransGlobe Energy has announced its 2020 capital budget, 2020 production guidance, and 2019 year-end reserves. All dollar values are expressed in US dollars unless otherwise stated.

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Shell starts receiving offers from IOCs to acquire its Egypt assets

Dutch Shell has started to receive offers from international companies to buy its current assets from oil and natural gas concessions in the Western Desert in Egypt, and plans to finish the sale by the end of this year.

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Egypt, ExxonMobil Ink Two Agreements Worth $332 MM

The Minister of Petroleum and Mineral Resources, Tarek El Molla, signed two new exploration and production (E&P) agreements with ExxonMobil and the Egyptian Natural Gas Holding Company (EGAS), according to a press release.

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