Bapetco

  • Cheiron Completes Acquisition of 50% of Shell’s Western Desert Assets

    Cheiron Completes Acquisition of 50% of Shell’s Western Desert Assets

    Friday, 24th September 2021

    Cheiron Petroleum Corporation (“Cheiron”) announced the successful completion of acquiring 50 % of Shell’s upstream oil and gas assets in the Western Desert. The remaining 50% of the interests will be purchased by Cairn Energy PLC (“Cairn”), Cheiron’s strategic partner.

  • BAPETCO Achieves 97,000 boe/d Oil Output in FY2020/21

    BAPETCO Achieves 97,000 boe/d Oil Output in FY2020/21

    Monday, 30th August 2021

    BAPETCO's production levels were divided into 349 million cubic feet per day (mcf/d) of natural gas, and 34,300 barrels per day of oil and condensates.

  • New Transfers Movement in Petroleum Sector

    New Transfers Movement in Petroleum Sector

    Tuesday, 6th April 2021

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued a new transfers movement among the petroleum sector to support the petroleum companies and sites with the needed competences and expertise that could achieve the future goals.

  • EOG Hosts First Female Empowerment Webinar

    EOG Hosts First Female Empowerment Webinar

    Wednesday, 31st March 2021

    In celebration of Women’s History Month and to recognize the remarkable milestones women had reached in the oil and gas industry, Egypt Oil & Gas (EOG) Committee hosted the first female empowerment webinar ‘She is Energy’ on Tuesday, March 30. The webinar was organized by EOG Newspaper, supported by the Ministry of Petroleum and Mineral Resources, and sponsored by Enap.

  • 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.