Mohamed Farag

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Latest by Mohamed Farag


Apache plans to drill 50 oil wells in Egypt next fiscal year

Apache Corporation plans to carry out an exploration programme in Egypt to drill 50 wells in the next fiscal year through Qarun Petroleum Company and Khalda Petroleum Company. The announcement was made during a Thursday meeting between Minister of Petroleum and Mineral Resources Tarek El-Molla and John J Christmann, CEO of Apache International, to discuss …

Mohamed Farag

EPROM receives two offers to operate, maintain projects in Iraq, Kuwait

Egyptian Projects Operation and Maintenance (EPROM) received two offers to operate natural gas production and processing at Ciba field in Iraq, as well as the operation and maintenance of industrial water treatment units at Al-Zour field in Kuwait. EPROM Chairperson and CEO Amgad El-Ahmady said that the company has signed memoranda of understanding and technical …

Mohamed Farag

Enppi to offer 24% stake on EGX by end-2018

Engineering for the Petroleum and Process Industries (Enppi) will offer a 24% stake of the company on the Egyptian Exchange (EGX) by the end of the year, according to its head, Mohamed Hat’hout. The Ministry of Investment is seeking to use the partial offering of some state-run companies on the Egyptian Exchange to attract foreign …

Mohamed Farag