El Hamra Petroleum Port Receives 82 MB of Crude Oil in 2020/21
The new expansions of El Hamra port area, extending over an area of 120 acres, will include the construction of two new storage warehouses Number 9 and 10 in the port.
Egypt | Egypt Oil & Gas - Part 171
Monday Minutes: Economic Snapshot
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
Qalaa’s Consolidated Revenues Increase 37% YoY
At ERC, despite a 22-day stoppage due to a scheduled maintenance in 2Q21, the refinery’s revenues increased by 52% year-on-year on the back of recovering market conditions.
Cairn Energy to Complete Shell Egypt Acquisition in Q3 2021
Cairn Energy PLC is expecting to complete the acquisition of Shell Egypt's Western Desert assets in Q3 2021.
Arab Energy Ministers Set Roadmap to Deliver Egyptian Gas to Lebanon
Egypt is working to speed up coordination for the arrival of Egyptian natural gas to Lebanon through Jordan and Syria as Egypt is keen on easing the burdens of the Lebanese people.
Sisi Visits Petroleum Facility in Alexandria Port
Egypt was able, during the period from 2015 to 2021, to boost ports' capacities by 85% increasing from 45 million tons/year to 76 million tons per year to date.
UOG Produces 2730 boe/d from Abu Sennan in H1 2021
UOG production came higher than H1 guidance, which was between 2300 and 2500 boe/d.
Monday Minutes: Economic Snapshot
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
GUPCO Produces 61,000 b/d Crude Oil in 2020/21
GUPCO drilled 7 new wells, of which the most recent were added to production during Q1 2021/22 with a 1000 b/d crude oil production rate.
Petrobel Production Reaches 93 mboe/d in 2020/21
The company's output was divided into 944 million cubic feet (mcf) of natural gas, 68,000 barrels of crude oil, and 11,000 barrels of condensates.
