EGPC | Egypt Oil & Gas - Part 19

El Molla Signs Nine E&P Agreements Worth $452 M

The Minister of Petroleum and Mineral Resources, Tarek El Molla, signed nine agreements for exploration and production (E&P) activities in the Mediterranean and the Western Desert with investments worth $452.3 mil ...

El Molla Approves NOCs Budget for FY 2020/2021

National oil companies (NOCs) are now being prepared to hit new targets and achieve new goals in 2020 in light of the sector’s strategy to carry on its Modernization Project to develop its activities and boost the ...

Egypt Signs Four E&P Agreements with $155 M

The Ministry of Petroleum and Mineral Resources signed four agreements for oil and natural gas exploration and production (E&P) operations in the Western Desert, Gulf of Suez, and Nile Valley with minimum investme ...

Diesel Consumption Increases to 1.1 MM Tons

Egypt's diesel consumption has increased to 1.1 million tons per month, a 0.1 million tons year-on-year increase, Abed Ezz El Regal, CEO of the Egyptian General Petroleum Corporation (EGPC), announced.

New Petroleum Discovery Achieved in the Western Desert

The Borg El-Arab Petroleum Company has made a new petroleum discovery in the ASH-2 area of Abu Senan concession in the Western Desert, with a production rate of 7,000 barrel of crude oil per day and 10 million cub ...

Butane Production Increases to 140,000 Tons

The CEO of the Egyptian General Petroleum Corporation (EGPC), Abed Ezz El Regal, said that the rate of butane production has increased by 27,000 ton, reaching a total production of 140,000 tons per month.

Egypt Signs Agreement with ITFC Worth $1.1 B

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has witnessed the signing of an executive agreement with the International Islamic Trade Finance Corporation (ITFC), to finance petroleum products i ...

EGPC: Suez-Portsaid Pipeline Resumes Activity

EGPC confirmed that the pipeline returned back with full efficiency and the performance is monitored.

Egypt Witnesses 14 New Discoveries in Q1 2019/20

The Minister of Petroleum and Mineral Resources, Tarek El Molla, received a report stating the achievements in the exploration and production (E&P) activities in July-September of the current fiscal year (FY) 2019 ...

EGPC, Sonker Amend Trading Categories of Diesel, Butane

The Minister of Petroleum and Mineral Resources, Tarek El Molla, witnessed the signing of a contract amending the trading categories of diesel and butane at Sonker’s bulk terminal.

Page 19 of 59

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