Bapetco | Egypt Oil & Gas

El Molla Approves New Appointments in the Petroleum, Mining Sectors

Minister of Petroleum and Mineral Resources Tarek El Molla has approved appointments within the petroleum and mining sector to support the relevant sites with the needed efficiencies to achieve the future targets ...

WEPCO to Ramp Up Oil Production by 120% in 2022/23

The Western Desert Operating Petroleum Company (WEPCO) announced that it targets increasing oil production rates by 120% reaching to 6,000 barrels per day (b/d) during the fiscal year (FY) 2022/23.

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

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 ...

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

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

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 expertis ...

EOG Hosts First Female Empowerment Webinar

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 ...

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

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 explo ...

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

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 ...

Bapetco Exceeds Production Plans by 11%

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

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 o ...

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