OTC 2016: Egypt posed for growth to meet growing energy demands
As Egypt’s dependency on gas increases, particularly electricity, the country is in the midst of restructuring to meet its energy demands as well as becoming a regional energy hub, commented Tarek El Molla, Egypt’s Minister of Petroleum and Mineral Resources, at the Offshore Technology Conference (OTC) 2016. The minister shed light on several investment opportunities, […]
El Molla speaking at OTC 2016: Egypt to offer 28 blocks, Zohr project creates 5,000 jobs
Egypt, boosted by the recent success with the offshore Zohr gas project in Shorouk concession, intended to offer 28 blocks for bidding by foreign oil and gas companies soon, Tarek El Molla, the country’s Minister of Petroleum and Mineral Resources said Tuesday at the Offshore Technology Conference (OTC) 2016 in Houston. “We are going to […]