January 26, 2016, ENERGY EGYPTDrilling of 14 exploratory and developmental wells with 100% of drilling plan achieved during first half of current fiscal year.
Badr El Din Petroleum Company (Bapetco) General Assembly Meeting, chaired by Eng. Tarek El-Molla, Minister of Petroleum and Mineral Resources, ratified the company’s amendment to the fiscal year 2015/2016 budget, and also ratified the budget for the fiscal year 2016/2017.
The meeting was held in the presence of Dr. Sherif Sousa, First Undersecretary of the Ministry of Petroleum for Gas Affairs, Eng. Mohamed Taher, First Undersecretary of the Ministry of Petroleum for Petroleum Affairs, Eng. Mohamed El-Masry, CEO of Egyptian General Petroleum Corporation (EGPC), Eng. Khaled Abdel Badie, Head of Egyptian Natural Gas Holding Company (EGAS), Mr. Aidan Murphy, Chairman of Shell Egypt, Mr. Tom Maher, General Manager of Apache Egypt, as well as the Chairmans of French Engie and Chinese PetroChina.
