Agiba Petroleum Produces 45,000 b/d of Crude Oil
The company plans to invest $320 million in fiscal year (FY) 2018/19.
The company plans to invest $320 million in fiscal year (FY) 2018/19.
Suez Oil Company (SUCO) is implementing an ambitious program to boost production of the four fields; Desouq, Ras Badran, El Zeit Guf, and Ras Fanar to reach around 38,000 boe/d.
Pharaonic Petroleum Company successfully produced 105,000 barrels of oil equivalent per day (boe/d) from Atoll and Ras El Bar fields during the first half of fiscal year (FY) 2018/19.
The investments will be directed to several projects during fiscal year (FY) 2019/20, most importantly two exploration projects in cooperation with the Egyptian General Petroleum Corporation (EGPC) and WesternGeco ...
The well, which will be completed and start production by the end of this month, will increase the number of producing wells in Zohr field to ten wells.
The Egyptian Ministry of Electricity started studying the feasibility of increasing the capacity of the electricity connection with Jordan to reach 1000 MegaWatt (MW), compared to the currently exchanged 450 MW.
The ministry is aiming to connect all eligible households located in different villages, cities and regions within these upcoming two years.
The Egyptian President Abdel Fattah El Sisi met with Eni’s CEO, Claudio Descalzi, as a regular follow up on the updates of Eni’s work in Egypt.
Natural gas output rates recorded 6.6 bcf/d during the Q4 of 2018.
The Egyptian government appreciates the cooperation with Eni, which had the greater effect in developing Egypt's natural gas resources.