EGPC Launches HSE Digital Application
Egyptian General Petroleum Corporation (EGPC) has announced the launch of the digital application “EGPC uSafe” that aims to raising awareness of health, safety and environment (HSE) systems
News / Egypt
Saad El-Din Starts Trials for Natural Gas Delivery Via Tankers
Mohamed Saad El-Din, Chairman of the Board of Directors of Saad El-Din Group and the Liquefied Petroleum Gas (LPG) Investor Association, confirmed the launch of the first trial operations of transporting natural gas by tankers.
Khalda, Qarun to Invest $1 b in Western Desert During 2021/22
Khalda Petroleum Company and Qarun Petroleum Company announced that they will pump around $1 billion investments in the Western Desert during the fiscal year (FY) 2021/2022, as Khalda targets to invest $830 million while Qarun will invest $252 million in different oil and gas relevant activities
UOG Hits Revenues of $9MM in Egypt in 2020
United Oil & Gas PLC (UOG) recorded $9 million in Egypt in 2020 and its total profit reached $0.85 million in 2020, according to UOG’s press release.
Dana Gas Terminates Egyptian Assets Sale Agreement
Dana Gas has terminated its agreement with IPR Wastani Petroleum Ltd for the sale of its Egyptian assets, according to Dana Gas’ press release.
El Molla Issues New Transfers in Petroleum Sector
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued a new transfers movement in the petroleum sector to support the petroleum companies and sites with the needed competences and expertise that could achieve the future goals, according to a press release.
Wintershall Dea, BP get Approx 600 mmscf/d of Gas from Raven Field
Wintershall Dea and operator BP could get a gross production of gas from Raven, the fifth field of the offshore West Nile, estimated approximately at 600 million standard cubic feet of gas per day (mmscf/d). At its peak, the Raven field is expected to deliver a gross production of 900 mmscf/d and approximately 30,000 barrels of condensate per day (gross production).
Monday Minutes: Economic Snapshot
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
GPC Succeeds to Get Initial Production of 600 bbls/d in Amer- 81 Field
With investments of about $ 1.5 million, the General Petroleum Company (GPC) succeeded in drilling one of the oldest fields in the Gulf of Suez at a depth of 2256 meters, it is the development well Amer-81. The well was tested at an initial rate of 600 bbls/d.
Egypt, Belgium Discuss Steps to Green Hydrogen Production
In the presence of Minister of Petroleum and Mineral Resources, Tarek El Molla, Minister of Electricity and Renewable Resources, Mohamed Shaker, met Francois D’Elzius, Belgium Ambassador to Egypt, and the representatives of Belgian DEME Group, to discuss the steps taken in the green hydrogen production direction and to enhance cooperation between Egypt and Belgium
