SUMED, ATC Sign Diesel Storage Agreement
The project has a total storage capacity of 222,000 cubic meters in Sidi Krir and will be re-exported to European Markets.
News / Egypt
Car Gas Targets 200 Natural Gas Stations
The rate of cars shifting to natural gas increased to 2,500 vehicles per month
Dana Gas to Drill Egyptian Mega Gas Project
The company collected seismic data that revealed natural gas reserves up to 20 trillion cubic feet, which will make it second to the Zohr mega field in production.
EGYPS Promotes Women in Energy Awards
EGYPS Women in Energy Awards recognized women’s continuous efforts in the oil and gas sector under four different categories.
Abu Qir Petroleum Allocates $190 M Investments in FY 2019/20 Budget
The company will drill and complete five development wells, adding around 5,000 boe/d to its production.
Egypt Announces Winning Bids for 12 New Concessions
Egypt’s Minister of Petroleum Tarek El Molla announced the winners of the bid rounds that were announced last year with EGPC and EGAS, on the sidelines of EGYPS 2019.
Several MoUs Signed During EGYPS 2019
Minister of Petroleum Tarek El Molla witnessed the signing of multiple MoUs on the sidelines of the EGYPS 2019.
Khalda Petroleum Allocates $747 M Investments for 2019/20
The company plans to drill 35 exploratory wells and 44 development wells and to complete wells to achieve an average production of 134,000 barrel per day (b/d) of crude oil, 28,000 b/d of condensates, 106 tons of butane and 750 million standard cubic feet per day (mmscf/d) of natural gas.
Qarun Petroleum to Invest $238 M in 2019/20
The company will drill 25 development wells and 10 exploratory wells in FY 2019/20 and it plans to produce 41,000 barrels per day (b/d).
Prime Minister to Inaugurate EGYPS 2019
Minister of Petroleum, Tarek El Molla, announced that Prime Minister, Mostafa Madbouly, will inaugurate the Egypt Petroleum Show (EGYPS 2019) on behalf of President Abdel Fattah El Sisi, on February 11th.
