El Molla meets Shell Executives, discuss North Um Baraka concession

MOP-ShellEgypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Shell’s Deputy CEO, Samy Iskander, and  Shell Egypt’s Vice President & Country Chairman, Gasser Hanter, in the presence of  First Undersecretary of the Ministry for Gas and Geological Affairs, Mohamed Mounas, and First Undersecretary of the Ministry for Agreements and Exploration, Ashraf Farag.

During the meeting, El Molla discussed the work plans of Shell Egypt and the available opportunities in research and development, in addition to the possibility of  drilling new wells in the company’s concession in the Western Desert and the Mediterranean Sea.

Moreover, Shell representatives reviewed the company’s work programs in the Western Desert region and expedited the development of BTE-2 gas discovery in order to put it online as soon as possible. Shell is planning to increase its production from the Western Desert region and from the deep layers of the Rashid region in the Mediterranean Sea.

Furthermore, El Molla stated that  Shell won exploration rights in the North Um Baraka concession in the Western Desert. The agreement will be discussed in the House of Representatives to confirm inking it.

(Source: Daily Oil News)

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s