Wintershall Dea Exits Gulf of Suez Concession
Wintershall Dea has announced its exit from the Gulf of Suez concession as it decided to focus on natural gas production as a part of its Energy Transition Pathway.
News / Egypt
Egypt Connects Natural Gas to 13M Households Until January 2022
Minister of Petroleum and Mineral Resources Tarek El Molla announced that the Egyptian government connected natural gas to 13 million housing units since the start of operation and until the end of January 2022.
El Molla: Egypt’s Petroleum Exports Increased by 84.28% YoY
Minister of Petroleum and Mineral Resources Tarek El Molla stated that Egyptian oil and gas sector exports increased by 84.28% year on year (YoY), reaching $12.9 billion in 2021, compared to $7 billion in 2020.Â
SDX’s Production Records 5,886 boe/d During 2021
SDX company has announced that its total production from its core assets has reached 5,886 barrels of oil equivalent per day (boe/d) during the twelve months ended by December 2021.
Layla El Hares New Managing Director for Siemens Energy Egypt
Layla El Hares announced becoming the new Siemens Managing Director for Egypt. El Hares expressed her excitement to be working at Siemens and said that she is "looking forward to build on the excellent foundation of the company in Egypt - together with our customers and partners."
El Molla Approves Petroshrouk, PETROBEL Budget Plans
Minister of Petroleum and Mineral Resources, Tarek El Molla, chaired the general assemblies of Petroshrouk and Belayim Petroleum Company (PETROBEL) companies, via video conference, to approve the revised budget plans for the fiscal year (FY) 2021/22 and the proposed budget for 2022/23.
Egypt Sends First LNG Cargo to the Netherlands
Egypt has sent its first ever liquefied natural gas (LNG) shipment to Netherlands through Damietta LNG Plant.
El Molla Approves GUPCO, Agiba, Pharaonic Petroleum Companies 2022/23 Budget Plans
El Molla pointed out the importance of continuing to increase exploration and discovery activities and drilling wells in order to increase production rates of crude oil and natural gas and to compensate for the natural decline in wells.
OAPEC: Egypt’s Contribution Boosts Arab Gas Exports
The Organization of Arab Petroleum Exporting Countries (OAPEC) monitored in its report on liquefied natural gas (LNG) and hydrogen during the fourth quarter of 2021, the strong contribution of Egypt's return to exporting gas to the boost gas exports from Arab countries during 2021.
UOG Commences Drilling ASD-2 Well in Abu Sennan
United Oil & Gas PLC company announced that it started to spud the ASD-2 development well in Abu Sennan license in onshore Egypt.
