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.
News / Egypt
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
GPC Starts Initial Extraction from Al-Hamd Field with 1,500 bbls/d
GPC started its first extraction from Al-Hamd field at the Gulf of Suez concession area with a production rate of about 1500 barrels per day (bbls/d)
Egypt Increases Fuel Prices by EGP 0.25 in Q2 2021
Egypt’s Fuel Automatic Pricing Committee has adjusted the fuel prices and increased them by EGP 0.25 per liter for Q2 2021.
Sukari Ramps up Production by 53% in Q1 2021
The Sukari gold mine ramped up production by 53% in Q1 2021 compared to Q4 2020 with production amounting to 104,047 ounces (oz), according to a press release.
Energean Announces 2020 Financial and Operating Results
Energean Oil and Gas plc ,the oil and gas producer focused on the Mediterranean, is pleased to announce its audited full-year results for the year ended 31 December 2020 ("FY 2020").
