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Tag: Prime Minister

PM, DMG Mori discuss boosting use of German company’s technology

Posted: May 25, 2021 at 4:40 pm   /   Electricity & Power

Prime Minister Mostafa Madbouli met Saturday with the chairman of Germany’s DMG Mori Executive Board. The meeting tackled ways to boost cooperation with the German firm to enhance the use of German technology in Egypt and transfer expertise and technology to the country. Minister of Industry, Trade and Small Industries Nevin Gamea and President of […]

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PM Eni

Egypt’s PM, Eni’s CEO discuss future of oil & gas discoveries

Posted: August 29, 2018 at 2:29 pm   /   Oil & Gas

PM Mostafa Madbouly and Eni CEO Claudio Descalzi discuss future of oil and gas discoveries in the country. Prime Minister Mostafa Madbouly held a meeting on Tuesday with Eni CEO Claudio Descalzi on the future of oil and gas discoveries in Egypt, state agency MENA reported. During the meeting, Madbouly expressed his appreciation for the […]

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Egypt's Zohr gas field to produce 350 million cubic feet per day by end of 2017 – Ministry

Posted: December 3, 2017 at 7:40 pm   /   Oil & Gas

Egypt’s giant new offshore Zohr gas field in the Mediterranean is set to begin production by year-end and would initially yield 350 million cubic feet per day, the petroleum ministry said on Friday. Production would increase to around 1 billion cubic feet per day by mid-2018, it said. Prime Minister Sherif Ismail said in September […]

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Prime Minister and Bechtel's CEO discuss increasing cooperation

Posted: October 24, 2017 at 1:47 pm   /   Oil & Gas

Prime Minister Sherif Ismail held on Monday a meeting with Chief Executive Officer (CEO) of Bechtel Company Brendan Bechtel to discuss fostering bilateral relations. The Petroleum Minister attended the meeting. During the meeting, the premier hailed cooperation between Egypt and the company and hoped the company will foster its investments in Egypt especially in the […]

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Prime Minister: Egypt to repay more IOC arrears before the end of 2017

Posted: October 16, 2017 at 12:31 pm   /   Oil & Gas

The Egyptian government is planning to repay a portion of its arrears to international oil companies before the end of 2017, especially as they have been expanding their investments in the country, Prime Minister Sherif Ismail told the press on Sunday. IOCs had raised investments in Egypt to USD 10 bn this year, while arrears […]

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Eni: Egypt's Zohr is 80% complete

Posted: August 2, 2017 at 2:32 pm   /   Oil & Gas

The Egyptian Prime Minister Sherif Ismail met today with Eni’s CEO Claudio Descalzi. The meeting focused primarily on the future of Zohr’s mega field and the positive impact it will have on the national energy economy, with CEO Claudio Descalzi outlining the progress being made with the rapid development of the project. Thanks to the […]

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Eni - PM

Eni’s CEO discusses Zohr gas field development with Egyptian PM

Posted: August 2, 2017 at 2:12 pm   /   Oil & Gas

CEO of Italy’s Eni Claudio Descalzi met with the Egyptian Prime Minister Sherif Ismail in Cairo discussing the future of the Zohr gas field and its impacts on the national energy economy. Eni CEO Claudio Descalzi outlined the development of Zohr is 80 percent complete less than two years after the discovery was made. With […]

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Red Sea

Egypt to open new exploration areas for oil & gas in the Red Sea

Posted: July 14, 2017 at 3:57 pm   /   Oil & Gas

Egyptian Petroleum Minister Tarek El Molla said on Thursday that new areas in the Red Sea will be open for bidding for exploration as part of Egypt’s effort to expand oil and gas production. El Molla did not disclose the exact date for the bidding. He told a news conference that the bidding comes after […]

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tarek el molla

Tarek El-Molla: The man reviving Egypt's fortunes

Posted: May 24, 2017 at 11:09 pm   /   Oil & Gas

By paying off debt and shaking up the offshore gas sector, former Chevron man Tarek El-Molla is making his mark as oil minister. Egypt’s upstream sector is shining once again after the 2011 revolution unleashed political and financial chaos, forcing international oil companies to put major projects on hold. Much of the kudos for the […]

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Prime Minister, Minister of Petroleum meet with Shell Upstream International Director

Posted: April 9, 2017 at 12:13 pm   /   Oil & Gas

Egyptian Prime Minister, Eng. Sherif Ismail, met with Andrew Brown, Upstream International Director at Shell in the presence of Minister of Petroleum and Mineral Resources, Tarek El Molla, and Eng. Gasser Hanter, Country Chairman of Royal Dutch Shell Egypt, to discuss existing and potential opportunities in Egypt’s oil and gas exploration. The meeting included a […]

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