The two talked about Chevron’s plans in Egypt. These include increasing production and co-operation in exporting gas from the region to Europe.
Tarek El Molla
The agreement follows a memorandum of understanding (MoU) signed at the same conference in 2022.
Minister El-Molla said Egypt had doubled its efforts to attract new investments in the hydrocarbon sector in 2022.
The Sovereign Fund of Egypt (TSFE) has signed up to explore options for a new 1.1 GW wind project, with ACWA Power, and a green hydrogen plan with AMEA Power.
Egypt has struck a number of agreements with energy companies around sustainability and reducing emissions, including at the Idku liquefaction plant.
Shell Egypt, Egyptian Natural Gas Holding (EGAS) and Petronas have awarded a power study to Bechtel.
Eni CEO Claudio Descalzi has held talks with Abdel Fattah al-Sisi on increasing investments in Egypt, upping gas exports and domestic renewable energy.
Japan’s Toyota Tsusho has returned to Egypt to share initial results of a blue ammonia study, holding talks with the government on future production.
Egyptian companies have struck deals to carry out work in Equatorial Guinea, according to recent high-level talks.
Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla has held high-level talks with Chevron, and various other US luminaries, at CERAWeek.
Dragon Oil has made one of the biggest oil discoveries in the Gulf of Suez, according to Egypt’s Ministry of Petroleum and Mineral Resources.
Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla has struck deals with Apache and Yemen, while backing plans for an Egyptian company to pursue petrochemical works in Nigeria.
The APA-Sinopec joint venture have reached a new production-sharing contract (PSC) in Egypt, which will see more drilling carried out – and more cash returned to the companies.
Baker Hughes has signed a memorandum of understanding with Egypt’s Petrojet, after meeting Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla.
Egypt has signed an agreement for a major petrochemical plant in Ain Sokhna, with an investment of $7.5 billion.
Egypt and Israel are working on plans to expand the East Mediterranean Gas Forum (EMGF) into energy security, electricity infrastructure and emissions controls.
Israeli and Egyptian ministers have met to talk about a proposed pipeline from the Leviathan field to LNG plants.
Egypt has launched its first bid round of 2021 and a new digital platform collaboration, with Schlumberger.
A number of high-ranking BP executives have held talks with Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla amid preparations to begin the Raven project.
Egypt has renewed its push to convert cars to run on natural gas, with Egyptian President Abdel Fattah al-Sisi lending his weight to the drive.
A number of states have signed an agreement formalising the East Mediterranean Gas Forum (EMGF).
A fire on the Shokeir-Mostorod pipeline has been extinguished, although 17 people have been reported as being injured.
Egypt is planning to reduce the number of spot liquefied natural gas cargoes it offers and to negotiate long-term sales deals with customers instead, because of plummeting prices.
Egypt has signed deals with four companies for exploration in the Western Desert and Mediterranean Sea.
Egypt’s Zohr field is producing at around 3 billion cubic feet (85 million cubic metres) per day, the country’s Ministry of Petroleum has said.