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Oil & Gas

El Molla meets with IOC delegations

Posted: February 19, 2017 at 12:06 pm   /   by   /   comments (0)

mop-iocsPetroleum Minister Tarek El Molla met with delegations from several international oil companies, including France’s Total and the French Institute of Petroleum, to discuss increasing the scope of their Egyptian investments, Al Shorouk says.

Total are looking to increase investments at their North El Hammad concession, he said, while the French Institute of Petroleum are interested in entering the Egyptian market. Additionally, Halliburton confirmed they are committed to their operations in technology, training, and increasing machinery efficiency.


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