Bapetco

  • Bapetco’s Investments Reach $298 MM in FY 2021/22

    Bapetco’s Investments Reach $298 MM in FY 2021/22

    Monday, 15th February 2021

    Badr El-Din Petroleum Company (Bapetco) announced that its investments reached $298 million with 100% success rate in drilling three exploration wells during H1 of FY 2021/22 as well as planning to drill two exploration wells during H2 of FY 2021/22.

  • El Molla: Al-Hamra Port to Increase Capacity to 2.6 mmbbl

    El Molla: Al-Hamra Port to Increase Capacity to 2.6 mmbbl

    Sunday, 7th February 2021

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that Al-Hamra port in the Mediterranean region will increase its oil production from 1.5 to 2.6 million barrels (mmbbl), which represent 73.3% to transform Egypt into a regional hub for oil and gas.

  • Bapetco Exceeds Production Plans by 11%

    Bapetco Exceeds Production Plans by 11%

    Thursday, 3rd September 2020

    Badr El-Din Petroleum Company’s (Bapetco) Badr 1 production recorded 1.15 million barrels of oil (mmbbl) in the fiscal year (FY) 2019/20, an 11% increase from initial plans.

  • BAPETCO Produces 114,000 bbloe/d During FY 2019/20

    BAPETCO Produces 114,000 bbloe/d During FY 2019/20

    Monday, 24th August 2020

    The Chairman of Badr El Din Petroleum company (BAPETCO), Salah Abdel Kerim said that the rate of production of his company reached 114,000 barrels of oil equivalent per day (boe/d) including more than 38 barrels of crude oil and condensates per day as well as 423 million cubic feet of natural gas per day (cf/d).

  • EOG Launches New HSE Subcommittee

    EOG Launches New HSE Subcommittee

    Thursday, 22nd August 2019

    The first meeting of the EOG HSE Subcommittee was held on Wednesday at Halliburton's office to discuss ideas on how to enhance HSE practices across the Egyptian petroleum sector and raise the level of awareness among the workforce, by establishing a culture of safety that builds on the industry’s accumulated experience.

  • EGPC to Increase Oil Production by 50,000 b/d

    EGPC to Increase Oil Production by 50,000 b/d

    Tuesday, 18th June 2019

    The Egyptian General Petroleum Corporation aims to increase its production of crude oil and condensates by 50,000 barrels per day (b/d), bringing its total production to nearly 710,000 b/d by mid-2020.

  • Shell, EGPC Sign HR Agreement to Modernize BAPETCO

    Shell, EGPC Sign HR Agreement to Modernize BAPETCO

    Tuesday, 21st May 2019

    The agreement was signed by Abed Ezz El Regal, head of EGPC; and Khaled Kacem, Shell's Country Chairman and Managing Director in Egypt, in the attendance of Minister of Petroleum, Tarek El Molla.

  • Bapetco to Add 40M boe to Reserves

    Bapetco to Add 40M boe to Reserves

    Thursday, 10th January 2019

    The increase is aimed to be reached through drilling 71 new exploratory and development wells in 2019/20.

  • BAPETCO Produced 120 boe/d in 2017/18: Company Head

    BAPETCO Produced 120 boe/d in 2017/18: Company Head

    Thursday, 13th September 2018

    Badr El Din Petroleum Company's (BAPETCO) production increased to 120 barrels of oil equivalent per day (boe/d) during fiscal year (FY) 2017/18.

  • EGPC, Shell Sign Bapetco Development Agreement

    EGPC, Shell Sign Bapetco Development Agreement

    Sunday, 18th February 2018

    The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, witnessed the agreement signing for the development of Badr Petroleum Company (Bapetco).