Mohamed Adel

565 Articles

Khalda Petroleum reduces cost of oil produced from Apache concession to $4.5/barrel

We saved $155,000 daily on drilling expenses during FY 2015/2016, says Abdel…

Mohamed Adel Mohamed Adel

Rent of 3rd gasification ship postponed as unneeded for 2017: Petroleum Minister

New gas projects increase production and meet demand, says El Molla

Mohamed Adel Mohamed Adel

Government backtracks on gas price reduction for steel factories

$1.8bn will be spent on importing billet rather than producing it locally,…

Mohamed Adel Mohamed Adel

Petroleum Ministry to announce winning companies of exploration tender in 11 areas

Shell and Apache applied to acquire sectors in the western desert, says…

Mohamed Adel Mohamed Adel

Petroleum Ministry to pose fuel tender as alternative to Aramco contract in December

Talks with Saudi Arabia are ongoing to discuss Aramco's position on the…

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Apache allocates $909m for drilling 97 wells in FY 2016/2017: Khalda Petroleum head

Company in discussions with foreign partner to increase investment and review plan…

Mohamed Adel Mohamed Adel

Apache to invest $960m in western desert concessions during current fiscal year

Ongoing discussion in regards to increasing FY 2017/2018 investments with Apache’s officials,…

Mohamed Adel Mohamed Adel

Oil company IPOs to be held in Egyptian, international stock exchanges: El Molla

The Ministry of Petroleum and Mineral Resources introduced a list including eight…

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Dabaa nuclear plant final contract to be signed by year’s end: Electricity Minister

The external arbitration of the second phase of the feed-in tariff will…

Mohamed Farag Mohamed Farag

Natural gas market regulatory authority to be established before end of 2017: El Molla

Petroleum companies being offered in EGX will be announced this November

Mohamed Farag Mohamed Farag