- Crude Oil (WTI) 72.07 USD/bbl +1.27%
- Crude Oil (Brent) 76.00 USD/bbl +1.40%
- NYMEX Natural Gas 2.32 USD/MMBtu +6.14%
- OPEC Basket Price 76.06 USD/bbl -0.41%
LNG Supply deal
QatarEnergy, Shell Sign New Long-Term LNG Supply Agreement to China
QatarEnergy has entered into a new long-term sale and purchase agreement with Shell for the supply of three million tons per annum (mtpa) of liquefied natural gas (LNG) to China starting in January 2025.
Graduation
First Batch Graduates from Zohr School for Applied Technologies in Port Said
The Minister of Petroleum and Mineral Resources Karim Badawi witnessed the graduation of the first batch from Zohr School for Applied Technologies at Port Said in attendance of the Minister of Education and Technical Education Mohamed Abdel Latif, Port Said Governor Moheb Habashi and the Italian Ambassador to Cairo Michele Quaroni in addition to number of officials.
CSR
Petroleum Sector Raises Efficiency of Health Unit in Zafarana
The Ministry of Petroleum and Mineral Resources (MoPMR) inaugurated the project to raise the efficiency and develop the health unit in Zafarana at Ras which was implemented in cooperation between Gemsa Petroleum Company (Gempetco), Cheiron Energy Company and Haya Karima Foundation.
Training Program
MoPMR Launches PSM Training Program
The Ministry of Petroleum and Mineral Resources (MoPMR) launched the Process Safety Management Foundation (PSM) Training Program in cooperation with the Egyptian General Petroleum Corporation (EGPC), and the Engineering for Petroleum and Process Industries (Enppi).
EGPC
Petrobakr Begins Drilling at Arta 92 Well, Targeting 350 bbl/d Production
Petrobakr Petroleum Company announced the commencement of development drilling at the Arta 92 well, targeting a depth of 4,000 feet. The well is expected to begin production at a rate of approximately 350 barrels of oil per day (bbl/d) upon the completion of drilling operations.
Egypt
Badawi Reviews GPC's Plans to Boost Oil Production in Red Sea Governorate
During a visit to Ras Gharib, Red Sea Governorate, Minister of Petroleum and Mineral Resources Karim Badawi inspected the MDC4 onshore drilling rig operated by Modern Drilling Company.
Supporting Petroleum Sector
SPE Emphasizes Commitment to Supporting Egyptian Oil, Gas Sector
Minister of Petroleum and Mineral Resources, Karim Badawi, participated in the monthly meeting and scientific lecture of the Society of Petroleum Engineers (SPE) Egyptian Branch to emphasize the exchange of knowledge and expertise and support development and innovation in the Egyptian oil and gas sector.
Egypt
Badawi Inspects Community Development Projects in Port Said
During his visit to Port Said Governorate to celebrate the graduation of the first batch from the Zohr School of Applied Technology, Minister of Petroleum and Mineral Resources Karim Badawi inspected a number of community development projects.
