Pharaonic Petroleum Company Produces 105,000 boe/d in Six Months
Pharaonic Petroleum Company successfully produced 105,000 barrels of oil equivalent per day (boe/d) from Atoll and Ras El Bar fields during the first half of fiscal year (FY) 2018/19.
News / Egypt
GUPCO to Invest $503M in FY 2019/20
The investments will be directed to several projects during fiscal year (FY) 2019/20, most importantly two exploration projects in cooperation with the Egyptian General Petroleum Corporation (EGPC) and WesternGeco.
Eni to Complete 14th Well in Zohr by End of January
The well, which will be completed and start production by the end of this month, will increase the number of producing wells in Zohr field to ten wells.
Egypt to Boost Electricity Connection with Jordan
The Egyptian Ministry of Electricity started studying the feasibility of increasing the capacity of the electricity connection with Jordan to reach 1000 MegaWatt (MW), compared to the currently exchanged 450 MW.
Egypt to Connect Eligible Households to Gas Grid within Two Years
The ministry is aiming to connect all eligible households located in different villages, cities and regions within these upcoming two years.
El Sisi Praises Eni Business in Egypt
The Egyptian President Abdel Fattah El Sisi met with Eni’s CEO, Claudio Descalzi, as a regular follow up on the updates of Eni’s work in Egypt.
EGAS to Boost Gas Output to 6.75 bcf/d in January
Natural gas output rates recorded 6.6 bcf/d during the Q4 of 2018.
Eni Invests $13B in Egypt over 3 Years
The Egyptian government appreciates the cooperation with Eni, which had the greater effect in developing Egypt's natural gas resources.
Egypt Increases Natural Gas Exports to Jordan to 100 mmscf/d
Egypt started increasing exported natural gas to Jordan to around 100 million standard cubic feet per day (mmscf/d) to secure the needs of the Jordanian electricity generating plants.
SDX Energy Announces Operational Updates in Egypt
The SRM-3 well is located in South Ramadan. the well reached a 15,635-feet depth, encountering around 75 feet of net conventional oil pay in its Matulla section, in addition to 20 feet of the new conventional oil pay in the brown limestone formation and around 15 feet in the Sudr section.
