Wintershall Dea COO Dawn Summers meets with Egypt’s Petroleum Minister Tarek El Molla
Wintershall Dea Chief Operating Officer Dawn Summers and Senior Vice President & Managing Director, BU Egypt, Sameh Sabry, met with His Excellency, Engineer Tarek El Molla, Egyptian Minister of Petroleum, at ADIPEC 2021. They discussed Wintershall Dea’s long-standing commitment as a reliable partner and investor in Egypt, as well as the bright outlook for Egypt […]
Egypt to Reach Self-Sufficiency in Refined Oil Products by 2023 – El Molla to Bloomberg
Egypt to Produce Enough Energy to Meet its Needs by 2023. “We’re doing great in refined products,” says energy minister. Country is seeking to sell more LNG via long-term contracts. Egypt said it’s on target to produce enough fuel to cover its own needs by 2023. The country will reach its goal thanks to upgrades […]
Egypt’s IOC arrears fall to $850 million at end of June – El Molla
Egypt’s arrears to international oil companies fell to USD 850 mn at the end of June, down from USD 900 mn a year earlier, despite the financial pressure caused by the covid-19 pandemic, Oil Minister Tarek El Molla told Reuters on Wednesday. Egypt’s arrears bill ballooned to USD 6.3 bn in the wake of the […]
Red Sea Bid Round results to be announced this month – El Molla
The Oil Ministry will announce the winners of the Red Sea exploration and production bid round this month, Minister Tarek El Molla told Youm7. The tender comprises 10 oil and gas exploration blocks, and was launched by the South Valley Egyptian Petroleum Holding Company (Ganope) back in March. (Source: Enterprise.press)
El Molla talks investment in Egypt with Heads of UAE Oil Companies at WEC
Oil Minister Tarek El Molla met yesterday with Emirati Minister of State and CEO of the Abu Dhabi National Oil Company (ADNOC) Sultan Al Jaber to talk investing in Egypt’s oil and gas sector, according to a Ministry statement. El Molla also discussed the ongoing cooperation in airplane refueling in Egyptian airports with Emirates National […]
Wintershall Dea supports Petroleum Sector’s Blood Donation Campaign
Eng. Sameh Sabry, Wintershall Dea’s Senior Vice President and Managing Director – Egypt urges colleagues at Wintershall Dea and SUCO to donate blood and contribute to the Egyptian Petroleum Sector’s Nationwide Blood Donation Campaign. The Egyptian Petroleum Sector’s first Nationwide Blood Donation Campaign was launched today by H.E. Eng. Tarek El-Molla, The Egyptian Minister of […]
Petroleum Minister visits Chinese geophysical survey vessel at Safaga
Minister of Petroleum Tarek El-Molla received the Dong Fang Kanten ship in Safaga, which is carrying out the work of the geophysical data collection project on Egyptian economic waters in the Red Sea, implemented by the alliance of WesternGeco-Schlumberger and TGS with investments of $750m. According to El-Molla, the seismic research conducted by the alliance […]
Egypt stepping up its efforts to attract Gulf of Suez investment
Egyptian oil minister Tarek El Molla on Monday announced an agreement with an international company to conduct a seismic survey of the Gulf of Suez to attract exploration investment in the area. Molla also said that Egypt was working to improve the quality of fuel products in cooperation with foreign marketing companies. “An agreement was […]
Egypt's gas output to exceed 6 bcf/d before end of 2018
Egypt’s natural gas production rose by 1.6 billion cubic feet (bcf) per day in 2017, reaching 5.5 bcf per day currently, Petroleum Minister Tarek El Molla said on Sunday. Production, which has increased thanks to newly discovered fields, will exceed 6 bcf per day before the end of this calendar year, Molla said at a news […]
El Molla: “Egypt will stop importing LNG by end of the year”
Is the Oil Ministry backtracking on ending LNG imports in July? “Egypt will stop importing LNG by the end of the year,” Oil Minister Tarek El Molla said at a press conference yesterday, according to Reuters. El Molla had announced last week that Egypt will end LNG shipments by mid-2018, which in retrospect, appears to […]
