Shell, EGPC Sign HR Agreement to Modernize BAPETCO
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.
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.
The increase is aimed to be reached through drilling 71 new exploratory and development wells in 2019/20.
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.
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, witnessed the agreement signing for the development of Badr Petroleum Company (Bapetco).
Badr El Din Petroleum Company (BAPETCO) plans to drill a total of 31 exploratory wells starting the second half of fiscal year (FY) 2017/2018 until the end of FY 2018/2019.
Egypt’s BTE2 Well, which is operated by Royal Dutch Shell’s Joint Venture in Egypt, Badr El Din Petroleum Company (BAPETCO), has started production phase on January 7th.
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, issued new promotions and transfers.
Vallourec signed a contract with Badr El Din Petroleum Company (BAPETCO) to provide tubular services for 60 – 70 gas wells.