OEC Board of Directors Holds 12th Session in 2024
Oil Exploration Company (OEC) board of directors, headed by its chairman and director general, Mr. Osama Raouf Hussein, held its 12th session on Monday 30 Dec 2024. The meeting started by welcoming the attendees and then the agenda items were presented. The seismic survey reports implemented during December and the performance percentages made by the Field Operation Division were reviewed. In addition, the report of the Financial Department was discussed.
The meeting discussed some items of the 2024 Planning Budget and 2025 Planning Budget, to which some necessary amendments were introduced and approved in line with OEC goals and future plans. During the session, the Director General stressed the importance of continuing the implementation of development plans and enhancing cooperation among OEC divisions and departments to ensure maintenance of high performance levels achieved throughout the year and make more progress in future projects.