Home » News » Petroleum Minister: 5 companies to explore for oil and gas in the western Mediterranean, early 2021

Petroleum Minister: 5 companies to explore for oil and gas in the western Mediterranean, early 2021

The Minister of Petroleum, Tariq Al-Mulla, affirmed that the Egyptian state had agreed in principle with 5 international companies to explore for oil and gas in the western Mediterranean with deep water in seven regions. Al-Mulla added, in statements to Sky News Arabia, that the companies would start exploratory searches in the western Mediterranean at the beginning of 2021 .

The engineer, Tariq Al Mulla, Minister of Petroleum and Mineral Resources, has sent a message to workers in the oil sector at the conclusion of Egypt’s Fourth International Petroleum Exhibition and Exhibition EGPS 2020, congratulating them on the success of the conference, praising their efforts during the past four years which represented the driving force for achieving successes over this period.

Al-Mulla called on the workers to continue the efforts exerted to achieve more successes and come up with tangible new results for the national economy, explaining that the petroleum sector currently contributes about 27% of Egypt’s national income, and stated: We as a sector that represents a locomotive of economic growth are required to do more, and to be a role model It includes all sectors of the country in developing, modernizing and raising the efficiency of performance.

He pointed out that the ministry’s vision and strategy for development and modernization during the past four years, paid off and achieved self-sufficiency in gas, increased production rates and increased investments and many projects were accomplished, and that the sector works in parallel in many other projects such as digital transformation and the preparation of young leadership cadres Which will lead to greater efficiency in the petroleum business and accelerate its pace.

“Al-Mulla” urged workers to continue to adhere to work principles and ethics and safety principles and standards in the work environment, stressing that they are the key to achieving recent successes and continuing in the same footsteps.

The engineer, Tariq Al-Mulla, Minister of Petroleum and Mineral Resources, honored the winners of the women’s awards in the field of energy within the activities of the last day of Egypt’s Fourth International Petroleum Conference and Exhibition “EGPS 2020”.

– .

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.