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Oil minister confers with Apache officials on exploration activities in Med. Sea

Minister of Oil and Mineral Wealth Tarek al-Molla conferred on Monday with Apache Corporation CEO John Christmann and his accompanying delegation on opportunities of extending the company's activities to the Mediterranean Sea region to explore for natural gas.
Western Desert Al Fayyum Mediterranean Sea Oceans General John Christmann Tarek Al Molla

US Apache Plans $1.4 Bln Investments in Egypt in 2024

The US-based energy company Apache Corporation plans to invest around $1.4 billion in Egypt in 2024, stated John Christmann, CEO and President of Apache's parent company APA Corporation, during a meeting with Egyptian Prime Minister Mostafa Madbouly. Christmann said Apache upgraded its work mechanisms in Egypt which contributed to increasing oil production by 10 percent to over 150,000 barrels per day.
John Christmann Mostafa Madbouly El Molla Tarek El Molla Apache Corporation Egyptian Prime Minister Mostafa
Source: aawsat.com

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