Rashpetco, Burullus Gas Sales Reach 263 mcf/d in 2022/23
Rashid Petroleum Company (Rashpetco) and Burullus Gas Company’s Chairman Mohamed Samir explained that the company has strengthened its exploration efforts to add new production and reserves.
Rashid Petroleum Company (Rashpetco) and Burullus Gas Company’s Chairman Mohamed Samir explained that the company has strengthened its exploration efforts to add new production and reserves.
The meeting discussed developments in the Norwegian company’s implementation of the green methanol production project, which is the first of its kind in Egypt and the Middle East, in cooperation with ANRPC and the Egyptian Company for Bioethanol, as well as the green ammonia production project, in cooperation with the Egyptian Petrochemicals Holding Company (ECHECM) and MOPCO.
Minister of Petroleum and Mineral Resources Tarek El Molla attended the general assembly of the Western Desert Operating Petroleum Company (WEPCO) to review the business results for the fiscal year 2022/23.
Badr El Din Petroleum Chairman, Ashraf Abdel Gawad, stated that the company’s 2023 production reached 78,000 barrels of oil equivalent (boe).
Minister of Petroleum and Mineral Resources, Tarek El Molla, together with Hossam Naguida, Deputy Director General of the National Service Projects Organization (NSPO), and Mohamed Anwar, President of Wataniya Petroleum, launched the ceremony of developing an integrated fuel supply station (A1 - Gastec) to supply cars with natural gas and liquid fuel in Zahraa El Maadi in Cairo Governorate.
This came during the General Assembly meeting to approve the business results of the Gulf of Suez Petroleum Company's (GUPCO) for the fiscal year 2022/23.
Regarding the petroleum and mineral resources sector, El Rifai confirmed, through the report, that the Ministry of Petroleum and Mineral Resources received and dealt with 2,178 complaints and reports through the unified government complaints system during the month of August.
Energean announced half year results for the period ending up in June 30. The company achieved positive results at the second and third NEA/NI development wells in Egypt. This helped reinforce the company’s view that the results from NEA#6 would have no read-across to the remainder of the field.
It will take more than $1.5 billion investments and commitment from our partners Shell, Eni, bp, Chevron, and ExxonMobil. So, this is very important for our Egyptian oil and gas resources.”
TAQA Arabia announced completing the procedures for establishing a limited liability company in Saudi Arabia.