By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    World-leading UK hospital signs partnership with specialist healthcare investment firm, Elevate
    World-leading UK hospital signs partnership with specialist healthcare investment firm, Elevate
    March 28, 2023
    EFG Hermes closes EGP 193.65m securitized bond issuance for Premium International
    March 28, 2023
    Australian government strikes deal on climate policy
    Australian government strikes deal on climate policy
    March 28, 2023
    EGX signs MoU to expand scope of regional climate action
    EGX signs MoU to expand scope of regional climate action
    March 28, 2023
    Gold prices drop 1% globally due to measure to contain SVB crisis: Gold Bullion
    Gold prices drop 1% globally due to measure to contain SVB crisis: Gold Bullion
    March 28, 2023
  • Politics
    PoliticsShow More
    Iranian, Saudi FMs discuss imminent bilateral meeting in phone call
    Iranian, Saudi FMs discuss imminent bilateral meeting in phone call
    March 28, 2023
    Kenyan police clash with anti-government protesters
    Kenyan police clash with anti-government protesters
    March 28, 2023
    Russia to stay in World Trade Organization: Russian diplomat
    Russia to stay in World Trade Organization: Russian diplomat
    March 28, 2023
    Israeli PM calls for calm amid turmoil over government's judicial overhaul
    Israeli PM calls for calm amid turmoil over government’s judicial overhaul
    March 28, 2023
    Libyan parties agree to unify all state institutions: UN
    Libyan parties agree to unify all state institutions: UN
    March 28, 2023
  • Interviews
    InterviewsShow More
    Developers have to offer innovative products, state should provide more facilities to stimulate industry: Kareem Mamoun
    Developers have to offer innovative products, state should provide more facilities to stimulate industry: Kareem Mamoun
    March 27, 2023
    Government should help Egyptian arts revive its pioneering role: Omar Abdel Aziz
    Government should help Egyptian arts revive its pioneering role: Omar Abdel Aziz
    March 15, 2023
    Interconnected healthcare systems in Africa require political will from North African leaders: Amref official
    Interconnected healthcare systems in Africa require political will from North African leaders: Amref official
    March 12, 2023
    EGX ready for government’s IPOs programme: Chairperson
    EGX ready for government’s IPOs programme: Chairperson
    February 15, 2023
    British International Investment invests $4.5bn in 700 businesses across Africa: Sherine Shohdy
    February 15, 2023
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: Egyptian-French talks to enhance cooperation in oil, gas sector
Share
Notification
Latest News
World-leading UK hospital signs partnership with specialist healthcare investment firm, Elevate
World-leading UK hospital signs partnership with specialist healthcare investment firm, Elevate
Business
EFG Hermes closes EGP 193.65m securitized bond issuance for Premium International
Business
Australian government strikes deal on climate policy
Australian government strikes deal on climate policy
Business
Iranian, Saudi FMs discuss imminent bilateral meeting in phone call
Iranian, Saudi FMs discuss imminent bilateral meeting in phone call
World Politics
Kenyan police clash with anti-government protesters
Kenyan police clash with anti-government protesters
World Politics
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Business > Egyptian-French talks to enhance cooperation in oil, gas sector
Business

Egyptian-French talks to enhance cooperation in oil, gas sector

Daily News Egypt
Last updated: 2021/11/02 at 7:26 PM
By Daily News Egypt 3 Min Read
Share
Minister of Petroleum and Mineral Resources Engineer Tarek El Molla
Minister of Petroleum and Mineral Resources Engineer Tarek El Molla
SHARE

Tarek El-Molla, Egyptian Minister of Petroleum, received Tuesday French Ambassador in Cairo, Marc Baretti, to discuss areas of joint cooperation in the oil and gas sector and the current situation of cooperation with French companies in this field.

El-Molla pointed out that relations between Egypt and France are long-lasting and well-established. They have witnessed a great development and remarkable momentum in recent years, and this is a reflection of the distinguished relations between Presidents Sisi and Macron and their keenness on strengthening joint ties and relations of cooperation between the two countries. He added that the recent successful visit of Prime Minister Mostafa Madbouly to the French capital reflected the common interest in consolidating the Egyptian-French partnership in all fields and enhancing joint investment between the two sides.

El-Molla reviewed with the French ambassador the current cooperation situation with a number of French companies to implement new projects in the Egyptian oil and gas sector. Work is underway with French Axens, which is a leading company in the completion of engineering works for manufacturing licenses for the Red Sea Petrochemical Complex as the largest petrochemical project to be established in Egypt and Africa.

El-Molla also reviewed areas of cooperation with other French companies, led by the giant French company Total Energies, which seeks to diversify its investments in Egypt, whether in the areas of fuel distribution and trading or the search for natural gas in new and promising areas in the Mediterranean.

The two sides also reviewed new investment opportunities in the oil and gas sector, especially in the fields of research, exploration, production, petrochemicals and refining. El-Molla highlighted the continuous efforts of the Ministry of Petroleum to develop and modernize the work system in the research and exploration sector to create new attractive opportunities for international companies to search for gas and oil in Egypt in the regions The Mediterranean, the Western Desert, the Gulf of Suez and others.

During the meeting, both sides reviewed the efforts to establish the East Mediterranean Gas Forum in Cairo, which culminated in France’s official joining as a permanent member of the forum.

The French ambassador expressed his appreciation for being in Egypt at this historical time which is witnessing great strides forward in development and construction. He pointed out that there is a long-term friendship between Egypt and France with a mutual interest in developing it. He stressed the importance that France attaches to continuing to develop and strengthen relations with Egypt in all fields. 

You Might Also Like

World-leading UK hospital signs partnership with specialist healthcare investment firm, Elevate

EFG Hermes closes EGP 193.65m securitized bond issuance for Premium International

Australian government strikes deal on climate policy

EGX signs MoU to expand scope of regional climate action

Gold prices drop 1% globally due to measure to contain SVB crisis: Gold Bullion

TAGGED: Gas
Share this Article
Facebook Twitter Email Print
Previous Article Balfour Declaration 104th anniversary: Arab League reiterates full support for Palestinians
Next Article Egyptian startups have conspicuous presence at Web Summit in Lisbon
Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

World-leading UK hospital signs partnership with specialist healthcare investment firm, Elevate
World-leading UK hospital signs partnership with specialist healthcare investment firm, Elevate
Business
EFG Hermes closes EGP 193.65m securitized bond issuance for Premium International
Business
Australian government strikes deal on climate policy
Australian government strikes deal on climate policy
Business
Iranian, Saudi FMs discuss imminent bilateral meeting in phone call
Iranian, Saudi FMs discuss imminent bilateral meeting in phone call
World Politics
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?