Naftogaz’s Investments Surpass $535 MM in Egypt
Naftogaz of Ukraine’s investments in Egypt have amounted to over $535 million over the course of 14 years, Director of Naftogaz in Egypt, Fedir Baiuk, stated.
Eastern Desert | Egypt Oil & Gas - Part 4
GPC Allocates EGP150 Million for “North West” Pipeline Project
General petroleum Company (GPC) stated that it allocated EGP150 million for implementing 8-inches pipeline project to exploit the produced gases from “North West” field in the Eastern desert.
Egypt’s TransGlobe Production Records 11,990 BBLS/D in Q2 2020
TransGlobe Egypt production averaged at 11,990 barrels of oil per day (bbls/d) in Q2 2020.
GPC Achieves Production Record of 62,000 bbl/d
General Petroleum Company (GPC) has achieved a production record of 62,000 barrels per day (bbl/d) for the first time ever since its establishment in 1957.
SDX Sells 50% of North West Gemsa License for $3 MM
SDX Energy has announced that it sold 50% working interest in the North West Gemsa license which is located in the Eastern Desert, to Gulf Energy company at for amount of $3 million.
Mining Sector Launches Phase 2 of Training Program
Minister of Petroleum and Mineral Resources Tarek El Molla launched Phase 2 of the training program for the mining sector’s workers.
Transglobe Egypt Production Records 12,506 bbl/d in June
Transglobe’s oil production rates in Egypt recorded 12,506 barrels of per day (bbl/d) in June (until June 19) compared to 12,544 bbl/d in Q1 2020.
El Molla: Exploration Agreements in the Works
Egypt is preparing to finalize eight new oil and gas exploration agreements.
GPC Launches New Bid Round in Eastern Desert
The General Petroleum Company (GPC) announced its latest exploration tender.
