Bapetco
-
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
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%
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
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
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
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
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
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
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
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).
Latest News
-
Norpetco Inaugurates HSE Project with $1.3 MM
-
El Molla Attends the 5th IEF-EU Energy and Climate Day
-
El Molla Showcases Ramallah Visit Results Before Cabinet
-
Wintershall Dea Records High production level of 650,000 boe/d in Q4 2020
Subscribe to Newsletter

Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 62.73 | +2.00% |
Crude Oil (Brent) Brent | USD/bbl | 65.70 | +1.99% |
NYMEX Natural Gas | USD/MMBtu | 2.79 | +0.65% |
OPEC Basket Price | USD/bbl | 65.42 | +2.22% |
Last Modified March 1, 2021