Oil Minister Tarek El Molla met on Friday with Petronas CEO Wan Zulkiflee to discuss the company’s plans in Egypt and its West Nile Delta 9B gas field, according to Ahram Gate. Production from the field, which Petronas jointly owns with Shell and EGPC, is set to begin this fiscal year and is expected to reach 350-400 mcf per day by 2019.
More from Enterprise
The CBE is taking a tougher stance on regulation
Last summer, HSBC paid the CBE a EGP 1.4 bn…
Farmers aren’t borrowing to survive anymore — they’re investing
Medium-term loans rose more than 1k% to EGP 22.6 bn…
The GCC IPO party took a breather in 2025
The region recorded 40 IPOs during the year, down from…
Valu gets regulatory green light to start operations in Jordan
Former Jordanian Investment Minister Mothanna Gharaibeh will serve as chairman…