El Molla Directs NOCs to Increase Production Rates
The Minister of Petroleum and Mineral Resources, Tarek El Molla, directed the oil companies to search for all the available chances and exploit them in increasing production rates.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, directed the oil companies to search for all the available chances and exploit them in increasing production rates.
Petrojet was assigned to assist Baker Hughes in manufacturing and supplying seven deep-water equipment of 700 tons for a liquefied natural gas (LNG) project in Mozambique.
Misr Petroleum began shipping diesel from its Badr city warehouse as a first phase and plans to run the second phase to ship all kinds of gasoline during the coming period.
Petrogas’ Katameya Factory produces around 60,000 domestic butane cylinders and 10,000 commercial butane cylinders per day, Raafat Abdel Hady, Head of Petrogas, stated.
IBM Correction: The article on Spearheading Digital Transformation that was published in Egypt Oil & Gas Newspaper, May 2020 issue, includes inaccurate information that reflect Islam Badr's personal point of view and not the views of IBM.
The Egyptian Company for Transferring and Delivering Natural Gas (Butagasco) aims to distribute about 90 million butane cylinders in 2020, compared to 87.8 million in 2019, Amr El Metwaly, Butgasco Chairman and Managing Director stated.
The Cabinet approved the General Authority For Investment And Free Zones’ (GAFI) proposal to allow licensing of projects of natural gas-based industries to work according to Free Zones regulations.
TransGlobe Egypt’s production averaged around 12,544 barrels per day (bbl/d) in Q1 2020, while recording approximately 12,111 bbl/d in April 2020.
Minister of Petroleum and Mineral Resources, Tarek El Molla stressed the importance for the Aqua Paris and El Wadi El Gadid for Containers companies to improve their efficiency and the necessity of cutting production costs to face the market competitiveness challenge.
Consukorra, which specializes in energy solutions, won a tender to supply and operate two natural gas compressors (NGC) for the Western Desert Operating Petroleum Company (WEPCO) valued at $7 million.