PMS Starts First Well Tests in HH Area
Petroleum Marine Services Company (PMS) started to execute first well test from HH areas of the General Petroleum Company (GPC), according to the General Trade Union for Petroleum Workers.
News / Egypt
MoP, Shell Egypt Sign Agreement for Oil, Gas Exploration in Red Sea
The Minster of Petroleum and Mineral Resources, Tarek El Molla, signed an agreement with Shell Egypt for oil and natural gas exploration in concession area (4) in the Red Sea deep water.
Petrosafe Carries Out Maneuver to Combat Oil Spills
Petrosafe Company organized an initiative to combat marine petroleum pollution called “Misr El-Mahrousa 15” at Nasr Petroleum Academy, in the presence of the heads of companies, under the auspices of the Ministry of Petroleum and Mineral Resources (MoP), the Egyptian General Petroleum Corporation (EGPC), the Ministry of Environment, Environmental Protection Agency, and the petroleum companies dealing with the Red Sea Ports Authority.
Ganope to Drill 11 Wells in FY 2021/22
The Minister of Petroleum and Mineral Resources announced that the Red Sea region will witness intensive exploration and production (E&P) in oil and natural gas activities.
El Molla Urges Petrochemical Projects Expansion
The Ministry of Petroleum and Mineral Resources, Tarek El Molla, urged the Egyptian Petrochemicals Holding Company (ECHEM) to expand petrochemical projects to benefit from Egypt’s oil and natural gas resources.
Apex Announces New Oil Discovery in Western Desert
Apex International Energy (Apex) announced a new oil discovery in Southeast Meleiha Concession (SEM), located in the Western Desert of Egypt.
Monday Minutes: Economic Snapshot
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
MoP to Supply Natural Gas to 60 New Regions
Egypt planned to supply natural gas to more than 60 new regions, which already supplied to 34 regions of them at the beginning of the fiscal year (FY) 2020/21.
Egypt to Establish City for Gold Industry
The President Abdel Fattah Al-Sisi directed to establish an integrated city for gold industry in Egypt to reflect its ancient history, according to the Spokesman of Egyptian the Presidency, Bassam Radi.
GPC’s Production Hits New Record of 68,000 bbloe/d
Egypt allocated investments with EGP 5 billion to the General Petroleum Company (GPC) to increase drilling exploration and development wells.
