Amr El Metwally, Chairman and Managing Director of the Egyptian Company for Transferring and Delivering Natural Gas (Butagasco), announced that the company increased its revenues to EGP 6.331 billion in 2019.
The Chairman and Managing Director of Town Gas, Yasser Bahnas, said that the company has achieved unprecedented results during 2019 for the second year in a row, in which natural gas was connected to 300,000 housing units with investments worth EGP 1.2 billion.
Ganoub El Wadi Petroleum Holding Company (Ganope) has organized a workshop entitled “APG and Flared Gas Recovery” in line with the Ministry of Petroleum and Mineral Resources' vision to optimize petroleum exploitation.
The Ministry of petroleum and Mineral Resources is studying establishing Melamine project on an area owned by Misr Fertilizers Production Company (MOPCO) in the free zone at Damietta with an estimated cost of $260 million.
Approximately 149.8 million tons of petroleum products and natural gas has been transported during the Fiscal Year (FY) 2018/19, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).
Eni, the multinational integrated energy company, and Saïd Business School at Oxford University, have announced ten new MBA scholarships to strengthen the future of business leadership in Africa including Egypt.
Phase 2 of Automatic Tank Gauging (ATG) system is almost completed, according to Adel Ayyad, Chairman of the Board of Directors of the Cooperation Company for Petroleum.
Minister of Petroleum and Mineral Resource, Tarek El Molla, has issued a movement of transfers for a number of assistants and managers of the general administrative affairs of the oil sector companies in his endeavor to support the petroleum sector with the necessary competencies.
Wintershall Dea has appointed Dawn Summers as the new Chief Operating Officer (COO) responsible for the Business Units in several countries including Egypt.
SDX Energy Plc announced that Rabul-3 well in West Gharib concession has encountered approximately 116 feet of net heavy oil pay across the Yusr and Bakr formations.
