Apache | Egypt Oil & Gas - Part 6
Apache Founder Raymond Plank Dies at 96
Raymond Plank, founder and former CEO of Apache, died on November 8 at the age of 96, Reuters reported. Plank established Apache Corporation in 1954 in Houston, in cooperation with two friends, turning the corporation...
Apache Invests over $1B in Egypt in 2018
Apache has invested more than $1 billion in the Egyptian oil and gas sector during 2018, David Chi, vice-president and general manager of Apache Egypt, said last week, according to Al Ahram. The company is confident t...
El Sisi Signs Law Amending East Bahariya E&P Agreement
Egyptian President Abdel Fattah El Sisi has signed into law legislation that allows Minister of Petroleum Tarek El Molla to sign an agreement with both the Egyptian General Petroleum Corporation (EGPC) and Apache East...
EOG Holds Field Best Practices Workshop at QPC
Egypt Oil & Gas (EOG) held the Field Best Practices Workshop at Qarun field in the Western Desert, under the High Patronage of H.E. Eng. Tarek El Molla, Egypt’s minister of petroleum. The one-day workshop, t...
Apache to Increase Investment in Egyptian Oil Exploration to $1B
Apache has announced its plans to increase its annual investment in Egyptian oil exploration projects to $1 billion, Xinhua reported. Apache CEO John Christmann and petroleum minister Tarek El Molla said that the plan...
Khalda Hits FY 2017/18 Production Targets
Khalda Petroleum Company achieved 110% of its oil production plan and 99% of gas production plan during FY 2017/18, Egypt Oil & Gas reports. The company also produced 93% of its condensates target and 77% of its b... Apache to Drill Three Wells in Western Desert
Apache plans to drill three out of seven planned wells in the Western Desert by the end of 2018, an anonymous source at the oil ministry told Al Shorouk. The American company expects the initial productivity rates of ...
EGPC, Apache Reach $39M Deal To Drill Seven Oil Wells
The Egyptian General Petroleum Corporation (EGPC) signed a $9 million agreement with Apache on July 18 to drill seven oil wells in the East Bahariya concession in the Western Desert with a signature grant of $30 milli...
