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Arab Finance – Petroleum: The new government integrates and strongly supports the sector’s goals to increase production


Petroleum: The new government integrates and strongly supports the sector’s goals to increase production

Arab Finance: Karim Badawi, Minister of Petroleum and Mineral Resources, stressed that the new government strongly integrates and supports The goals of the petroleum sector are to work to increase production Investing in historical relationships with business and production partners from regional and international companies and local investors to give strong impetus to work and achieve better business results that support the national economy and development efforts. This came during a meeting of the Board of Directors of the Egyptian General Petroleum Corporation to approve business results for the fiscal year 2023-2024.

The meeting witnessed Engineer Salah Abdel Karim, CEO of the Egyptian General Petroleum Corporation, and his deputy for financial and economic affairs, accounting, Amal Tantawi, presenting a presentation of all labor, production and development indicators for the past fiscal year, and the Authority’s efforts to develop its resources and support the sector’s companies in developing their business and supporting their financial position to achieve greater competitiveness.

It is also keen to develop the fields of occupational safety and health, environmental protection, and social responsibility activities, led by the two companies Enppi and Petrojet, which are launching strongly outside Egypt and providing business results and a distinguished presence in project activities in general and petroleum projects in particular.

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