EGPC | Egypt Oil & Gas - Part 27

Shell Starts Drilling First Exploration Well by End of August

Shell announced that the “Discoverer India” Drillship will begin drilling its first exploration well “Montu”at a depth of 6,000 meters below sea level in the West Delta Deep Marine (WDDM) concession by the...

EOG Launches New HSE Subcommittee

The first meeting of the EOG HSE Subcommittee was held on Wednesday, August 21 at the premises of Halliburton in Katameya, Egypt Oil & Gas reports. The HSE Subcommittee inaugural meeting discussed initial ideas on...

Egypt’s Crude Oil Production to Increase 50,000 b/d YOY

Egypt’s petroleum sector is planning to boost crude oil production by 40,000-50,000 barrels per day (b/d) during the fiscal year (FY) 2019-20, an official source in the Egyptian General Petroleum Corporation (EGPC) to...

EGPC to Launch Oil, Gas Exploration Tender End of Year

The Egyptian General Petroleum Corporation (EGPC) aims to launch an oil and gas exploration bid round by the end of this year, a source in the petroleum sector told Daily News Egypt. The tender is expected to include ...

Fuel Resumes to Normal Pumping Rate

The rate of fuel being pumped into the market will bounce back to 20 million liters a day, after it has been increased with almost 10% to reach 25 million liters during Eid al-Adha, official sources in the Egyptian Ge...

Egypt’s Fuel Exports Surpass $600 MM

The petroleum sector’s fuel exports’ total value exceeded $600 million, according to Abed Ezz El Regal, the Egyptian General Petroleum Corporation (EGPC) CEO, Amwal Al Ghad reported. Ezz El Regal added that the crude ...

EGPC to Raise Fuel Inflows During Eid

The government will increase gasoline supplies pumped to the local market during Eid Al-Adha feast, by around 10% to nearly 25 million liters per day, according to Abed Ezz El Regal, the Egyptian General Petroleum Cor...

Qalaa Holdings Explains Reduced Stake in ERC

Qalaa Holdings has confirmed in a market statement that its stake in the Egyptian Refining Company (ERC) has decreased to 13.14% because other shareholders have underwritten additional equity. The company explained th...

Egypt Pumps 1.2 MM Tons of Diesel across Governorates

The petroleum sector increased the diesel supply across Egypt’s governorates to reach 1.2 million tons per month following the new fuel prices, according to a source in the Egyptian General Petroleum Corporation (EGPC...

Oil Production to Reach 720,000 b/d by 2020

The petroleum sector seeks to raise its daily crude oil production to reach 720,000 barrels per day (b/d) by the end of fiscal year (FY) 2019/2020, according to Abed Ezz El Regal, Head of Egyptian General Petroleum Co...

Page 27 of 66

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