Hesham Mekawi to Step Down from his Position in BP
BP announced that Hesham Mekawi, the Regional Presiden for North Africa, has decided to step down from his position and retire as of the end of 2020.
BP | Egypt Oil & Gas - Part 16
BP Profits Drop to $0.8 B in Q1 2020
BP announced that it recorded a drop in its underlying replacement cost profit for Q1 2020 to $800 million, down from $2.4 billion in the same period in 2019.
Agiba, Pharaonic Petroleum to Boost Investments for FY 2020/21
Agiba Petroleum Company and Pharaonic Petroleum Company (PHPC) both announced to boost their investments during Fiscal Year (FY) 2020/21.
Dragon Oil Celebrates Acquisition Amid Egypt’s Investment Climate
The Minister of the Petroleum and Mineral Resources, Tarek El Molla has witnessed the acquisition agreement ceremony of Dragon Company to the share of BP Company in a GUPCO concession costing $ 500 billion.
ADNOC LNG Inks Supply Agreements with BP, Total
ADNOC LNG, an Abu Dhabi National Oil Company (ADNOC) operating company, has completed the signing of supply agreements with subsidiaries of BP and Total.
Dragon Oil Acquires BP’s Stake in GUPCO
Dragon Oil, the fully owned exploration and production (E&P) platform of Emirates National Oil Company (ENOC), announced that it has acquired the stake of BP at the Gulf of Suez Oil Company (GUPCO) after obtaining ...
Baltim’s New Well to be Linked to National Grid
Ministry of Petroleum connected the first well at Southern-Western Baltim gas field, located 12km away from the Nooros field in the Nile Delta to the national grid. The new well is expected to produce 100mcf/d of ...
Egypt Signs Four Cooperation Agreements to Train Youth
Egypt signed four cooperation agreements with a number of international oil companies (IOCs), including Apache, BP, ENI and Kuwait Energy to train young and middle management calibers.
Egypt to Drill Two New Gas Wells in North Damietta
The Ministry of Petroleum and Mineral Resources is preparing to drill two new wells in the Mediterranean fields of Atoll and Katameya in the North Damietta offshore concession with about $289 million in investment ...
BP Oman Completes 69% of Ghazeer CPF
BP Oman announced that progress in constructions works in the Central Processing Facility (CPF) at the Ghazeer project has reached 69%.
