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.
Egypt | Egypt Oil & Gas - Part 177
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.
Sisi, Anastasiades Highlight Importance of Expediting Work on Gas Pipeline
Moreover, the talks stressed the importance of expediting the implementation steps of the pipeline project that will link the Cypriot "Aphrodite" natural gas field with the Egyptian liquefaction stations.
Petroshrouk Investments Reach $184 million in 2020/21
Petroshrouk succeeded in meeting the required production rates of 2020/21, producing an average of around 2.6 billion cubic feet per day (bcf/d).
