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Arab Finance – Minister of Petroleum discusses with Harbour Energy, her activities in Egypt


The Minister of Petroleum discusses with Harbour Energy, its activities in Egypt

Arab Finance: Engineer Karim Badawi, Minister of Petroleum and Mineral Resources, met Mrs. Linda Cook, CEO of Harbor Energy, British Company,; Where ways of enhancing joint cooperation between the two sides in the field of research and exploration have been reviewed and follow -up plans to increase natural gas production from the company's concession areas in Egypt, according to To explain Issued by the Ministry of Petroleum.

During the meeting, the two sides discussed the latest developments on successful excavation activities recently in the Mediterranean Sea, in northern Alexandria, in which the company in Egypt is invested as a partner of the main operator Brech Petroleum, as well as emphasizing the importance of expediting the development processes of new discoveries and the speed of linking them to existing facilities in a way that reduces production costs and reduces the time of well -being on production to achieve optimal benefit in supporting local production of natural gas, as well And the increase in the production of successful gas in the Revin field in the Mediterranean in partnership with Brech Petroleum.

The meeting also dealt with the company's interest in increasing the volume of its investments in Egypt, in line with the strategy of the Ministry of Petroleum and Egyptian Mineral Resources.

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