With Egypt selected as its host, the eighth IEF-IGU Ministerial Gas Forum 2022 will discuss the global economic recovery after the repercussions of the COVID-19 pandemic and the sharp rise in natural gas prices that the markets witnessed during 2021.
General Petroleum Company’s (GPC) production rate jumped to 74,000 barrels of oil equivalent per day (boe/d), setting a new record for the company since its establishment in 1957.
Alexandria Petroleum Maintenance CO. (Petromaint) has announced the signing of a continuous technical services agreement with Petroleum Gas Company (Petrogas) during a meeting held between the chairmen of both companies at Petrogas headquarters in Cairo.Â
Cooperation Petroleum Company’s (Copetrole) market share of main petroleum products reached 30% while its share of oils stood at 21%, Ayman Naguib, Company’s Chairman, announced during a video conference chaired by Minister of Petroleum and Mineral Resources, Tarek El Molla.
Misr Petroleum Company's sales amounted to 6.4 million tons of petroleum products in fiscal year (FY) 2020/21, the company's Chairman Mohamed Shaaban said.
The ASX-1X exploration well at the Egyptian Abu Sennan license reached a total depth of 4,272 meters ahead of schedule.
New Cairo Technological University (NCTU) signed a cooperation protocol with Egyptian Petroleum Research Institute (EPRI), the Ministry of Higher Education announced.
EPC was assigned the implementation of the first phase of the project to raise the production capacity of the PVC product from 80,000 tons annually to 100,000 tons.
Assiut Oil Refinery secures around 65% of the petroleum products consumption in Upper Egypt as it refined 2.6 million tons of crude oil in fiscal year (FY) 2020/21.
The board has put a strategy for Dragon Oil to increase production from 160,000 barrels per day currently to 300,000 b/d by 2026.
