Agiba Petroleum Company

  • El Molla Rolls Out New Transfers Movement

    El Molla Rolls Out New Transfers Movement

    Sunday, 25th October 2020

    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 endeavor to support the sector with the necessary competencies.

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

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

    Wednesday, 9th September 2020

    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, Pharaonic Petroleum to Boost Investments for FY 2020/21

    Monday, 24th February 2020

    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 Increases Crude Oil Production to 45,000 b/d

    Monday, 30th September 2019

    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 newspaper.

  • APC Production Rises in FY 2018/19

    APC Production Rises in FY 2018/19

    Wednesday, 18th September 2019

    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 the ministry of petroleum pointed out.

  • Western Desert Produces 60% of Egypt’s Crude Oil

    Western Desert Produces 60% of Egypt’s Crude Oil

    Thursday, 10th January 2019

    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) investments in the deep layers in sedimentary basins, the minister noted.

  • Agiba Produces 20 mscf/d Natural Gas

    Agiba Produces 20 mscf/d Natural Gas

    Tuesday, 15th May 2018

    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.

  • Eni, Lukoil to Build Natural Gas Processing Plant in Egypt

    Eni, Lukoil to Build Natural Gas Processing Plant in Egypt

    Monday, 14th May 2018

    Italy’s Eni and Russian Lukoil will work with the Egyptian General Petroleum Corporation (EGPC) to build a natural gas processing facility in Egypt’s Western Desert.

  • Agiba Petroleum to Have a New Oil Discovery

    Agiba Petroleum to Have a New Oil Discovery

    Monday, 20th March 2017
    Agiba has drilled new explanatory well Rosa N 1X in its Meleiha concession area in Western Desert. The new discovery will increase Egypt's oil reserves, especially after discovering an oil tank on a new layer in Ras El Qatara, that has not been reached before.