Khalda Petroleum

  • Khalda to Drill 28 Exploratory Wells in 2018/2019

    Khalda to Drill 28 Exploratory Wells in 2018/2019

    Sunday, 11th February 2018

    Khalda Petroleum Company plans to drill 28 exploratory wells in fiscal year (FY) 2018/2019, from which three wells will be drilled in Siwa Concession.

  • EGPC Signs 3 E&P Agreements with a Combined Value of $50M

    EGPC Signs 3 E&P Agreements with a Combined Value of $50M

    Sunday, 10th December 2017

    The Egyptian General Petroleum Corporation (EGPC) signed three oil and gas exploration and production (E&P) agreements worth $50 million.

  • Khalda Achieves 99% of Production Target

    Khalda Achieves 99% of Production Target

    Monday, 21st August 2017
    Khalda Petroleum Company’s production of natural gas reached 4,643,282 barrels of oil equivalent (boe) in July, 99% of its targeted production of 4,677,635 boe for the month.
  • El Molla: Egypt Experienced a Boom in Petroleum Investment

    El Molla: Egypt Experienced a Boom in Petroleum Investment

    Tuesday, 15th August 2017
    The Minister of Petroleum and Mineral Resources, Tarek El Molla, chaired the general assemblies of Qarun Petroleum Company and Khalda Petroleum Company to review their fiscal year (fy) 2016/2017 operations.
  • El Molla Visits Khalda Petroleum’s Concessions

    El Molla Visits Khalda Petroleum’s Concessions

    Monday, 5th June 2017
    Tarek El Molla visited Khalda Petroleum's concessions in the Western Desert and pointed out measures taken to encourage international oil companies (IOCs) to boost investments in the country.
  • Khalda Petroleum to Invest $810m

    Khalda Petroleum to Invest $810m

    Wednesday, 11th January 2017
    Khalda Petroleum Company, a joint venture between the Egyptian General Petroleum Corporation (EGPC) and US Apache, allocated $810m investments in the budget of fiscal year 2017/2018
  • Apache to Drill 20 Gas Wells

    Apache to Drill 20 Gas Wells

    Wednesday, 14th December 2016
    US Apache intends to invest $100m in horizontal drilling on 20 wells in the Apollonia field located in the Egyptian Western Desert in order to produce around 40mcf/d of gas.
  • Apache Produced at $4.5/b at Western Desert Area

    Apache Produced at $4.5/b at Western Desert Area

    Tuesday, 6th December 2016
    US Apache's joint venture in Egypt, Khalda Petroleum, reduced the cost of oil produced from its concession located in the Egypt's Western Desert from $5 to $4.5 per barrel during the first quarter of fiscal 2016/2017.
  • Apache to Invest $909m in Egypt

    Apache to Invest $909m in Egypt

    Wednesday, 23rd November 2016
    US Apache will invest $908.9m in drilling 97 new wells in Egypt's Western Desert during fiscal year 2016/2017.