Petroleum and Mineral Resources Minister Tarek el Molla met on Sunday 12/2/2023 with CEO of Apache Corporation John Christmann and Vice-President of Apache Corporation and General Manager for Apache Egypt Companies David Chi.

During the meeting, they discussed the company’s plans to intensify exploration and production activities in its concession areas.

This came on the sidelines of the inauguration of the exhibition of the 6th Egypt Petroleum Show (EGYPS 2023) on Sunday.

Apache is one of the main partners in the petroleum sector, Molla said, adding that it achieved distinguished results during its work period in Egypt.

Molla further said that the ministry spares no effort to support the serious investment plans and ease burdens facing more success, especially that this contributes to supporting the ministry’s strategy in increasing production.

For his part, Christmann voiced optimism over the success of the company’s upcoming two-year plan.

He further stressed Apache’s commitment to maintain its investments in Egypt.

The company is operating in a stable environment, he further said.

Source: State Information Service Egypt