EGAS to Drill 13 Wells with $510 M Investments
EGAS plans to drill 13 wells in Nile Delta and the Mediterranean Sea during FY 2019/20, with total investments exceeding $510 million.
Egypt | Egypt Oil & Gas - Part 233
Condensates Production Increases by 3.6% YOY
Egypt's production of condensates grew by 3.6% YOY, recording 30.7 million barrels in FY 2017/18, compared to 29.63 million barrels in 2016/17.
Egypt Natural Gas Production to Reach 8 bcf/d in FY 2019/20
Egypt's natural gas production is expected to reach 8 bcf/d during FY 2019/20 due to completing and operating natural gas development projects.
Fuel Subsidies Cost $2.42 B in FY 2018/19: El Molla
Egypt’s fuel subsidies costed around $2.42 billion in H1 FY 2018/19, down by 14.7% compared to the same period in FY 2017/18.
Egypt Consume 2.1 Tcf of natural gas in FY 2017/18
Egypt consumed an average of 5.753 billion cubic feet per day (bcf/d) in fiscal year (FY) 2017/18.
Egypt Exports 40 bcf of LNG in FY 2017/18
The country's exports did not have any amounts sent through pipelines in fiscal year (FY) 2017/18.
Petrogulf Corporation to Invest $50 M in FY 2018/19
Petrogulf Corporation plans to invest $50 million in fiscal year (FY) 2018/19, as the company is conducting a program that includes a number of projects to boost infrastructure efficiency and to rehabilitate, rene ...
Agiba Petroleum Produces 45,000 b/d of Crude Oil
The company plans to invest $320 million in fiscal year (FY) 2018/19.
SUCO Produces 23,500 boe/d
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 Produces 105,000 boe/d in Six Months
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.
