Oil Egypt accountACCOUNT King Tut

Discussions with Shell’s Executive Vice President

Source: www.gulfoilandgas.com 6/22/2017, Location: Egypt

Share |
Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received Eng. Sami Iskander, Executive Vice President of the International group, Shell and Eng. Gasser Hanter, VP, Country Chair and Managing Director of Shell Egypt in the presence of Eng. Mohamed Mounes, The Ministry’s First Undersecretary for Gas Affairs and Geologist Ashraf Farag, The Ministry’s Undersecretary for Exploration and Agreements.

During the meeting, they discussed the company’s work programs in the Western Desert and fast tracking production from the BTE-2 discovery as soon as possible alongside with intensifying exploration activities in new areas in light of increased possibilities of producing more oil and gas in that promising area, considered an investment attracting area. Shell plans to increase production from the Western Desert as well as from deep layers in Rashid area in the Mediterranean.

The Minister clarified that Shell has recently acquired concession rights in North Om Baraka area in the Western Desert in the latest EGPC Bid-Round, and the agreement will be presented to the Parliament for the necessary procedures needed for signing the agreement.

For more information about related Opportunities and Key Players visit Egypt Oil and Gas Projects

Egypt >>  9/20/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received Mr. Lucio Monari, Director for Energy and Extractive Global Practice in the ...
Egypt >>  9/18/2017 - Egypt is planning to reduce its liquified natual gas (LNG) imports in the fiscal year 2017-18 thanks to expected production from the Zohr gas field, r...

Egypt >>  9/11/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received Mr. Ibrahim Gassem Al-Buainain, President and CEO of Aramco Trading, a subsi...
Egypt >>  9/9/2017 - In a signing ceremony hosted by H.E. Eng. Tarek El-Molla, Minister of Petroleum and Mineral Resources for Egypt, Baker Hughes, a GE company announced ...

Egypt >>  8/29/2017 - Apex International Energy has signed two concession agreements for 1.7 million acres encompassing the West Badr el Din (4,180 km 2) and South East Mel...
Egypt >>  8/29/2017 - Egyptian Oil Minister Tarek El Molla has signed three oil and gas exploration deals for 16 new fields in the Western Desert worth at least $81.4 milli...

More News

Oil & Gas Companies in Egypt >>

Related Links

Oil Egypt E-Marketplace - Subscription Packages - Benefits

Copyright © Universal Solutions S.A.E. All rights reserved. Privacy Policy. - Career Opportunities - Feedback - Contact Us