Agiba Petroleum Company | Egypt Oil & Gas

Agiba Petroleum to Pump Investments Worth $500M During FY 2024/25

The Chairman of Agiba Petroleum Company Tharwat Gindy has stated that the company plans to pump $500 million during the fiscal year (FY) 2024/25 targeting daily production rates of 30,000 barrels of oil and 119 mi ...

El Molla Approves Agiba, Pharaonic Petroleum Budget Plans for FY 2023/24

Minister of Petroleum and Mineral Resources Tarek El Molla has chaired the general assemblies of Agiba Petroleum Company and Pharaonic Petroleum Company to approve their budget plans for fiscal year (FY) 2022/23 a ...

El Molla Issues New Transfers

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued new transfers among the petroleum companies to support the petroleum sector with the necessary capabilities and achieve future goals.

El Molla Rolls Out New Transfers Movement

The Minister of Petroleum and Mineral Resources, Tarek El Molla, issued a new round of transfers within the General Administrative Affairs’ managers and assistants in the petroleum sector’s companies in his endeav ...

Atoll’s Natural Gas Production Increases by 28% in FY 2019/20

Atoll field’s production increased by 28% from 250 million cubic feet of natural gas per day (mmcf/d) to 320 mmcf/d during fiscal year (FY) 2019/20.

Agiba, Pharaonic Petroleum to Boost Investments for FY 2020/21

Agiba Petroleum Company and Pharaonic Petroleum Company (PHPC) both announced to boost their investments during Fiscal Year (FY) 2020/21.

Agiba Petroleum Increases Crude Oil Production to 45,000 b/d

Agiba Petroleum Company has increased its crude oil production to nearly 45,000 barrels per day (b/d) from its fields in the Western Desert and the Gulf of Suez, a source at Agiba Petroleum said to Amwal Al Ghad n ...

APC Production Rises in FY 2018/19

Agiba Petroleum Company (APC) raised crude oil production rates to 44,000 barrel a day (b/d) and around 18,4 million cubic meters per day mcm/d of natural gas in the fiscal year (FY) 2018/19, a press release by th ...

Western Desert Produces 60% of Egypt’s Crude Oil

The recent discoveries in the Western Desert confirms that this region still has undiscovered resources, which will encourage international oil companies (IOCs) to increase their exploration and production (E&P) i ...

Agiba Produces 20 mscf/d Natural Gas

Agiba Petroleum Company is producing between 48,000 and 50,000 barrels of crude oil per day (b/d), around 20 million standard cubic feet per day (mscf/d) of natural gas, and around 50 tons of butane per day.

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