Abu Sennan Oil Production Reaches 3,800 b/d
Rockhopper Exploration Company announced that production from the Abu Sennan concession has reached around 3,800 barrels per day (b/d), 22% of which is the company's share.
Egypt | Egypt Oil & Gas - Part 257
El Molla: Egypt Looking to Become Refining Hub
Egypt is looking to take advantage of the region's natural gas discoveries by becoming a hub for refining, manufacturing, distribution and transportation of oil and natural gas.
Mubadala to Acquire 20% of Noor Concession
UAE's Mubadala company reached an agreement to buy a 20% stake in the Noor offshore concession from Eni.
EGPC to Sign Contracts for 2018 E&P Tender in 2019
The Egyptian General Petroleum Corporation (EGPC) is preparing to sign contracts related to the exploration and production (E&P) tenders it launched in 2018.
TransGlobe Allocates $24.1M Capital Budget for Egypt in 2019
TransGlobe Corporation has announced it will allocate a $24.1 million capital budget for Egypt during 2019.
AMOC in Talks with International Refining Company over 300,000 tons Mazut/Year
Alexandria Mineral Oils Company (AMOC) is in talks with an international refining company to sign contracts for selling 300,000 tons of mazut on a yearly basis.
Shell Increases Natural Gas Exports via Idku
Royal Dutch Shell is currently exporting 300 million standard cubic feet per day (mmscf/d) from its production share in Burullus and Rosetta fields, via the Idku liquefaction plant.
BP to Invest $1.8B in Egypt
BP will spend $1.8 billion in Egypt next year, according to BP’s chief executive Bob Dudley.
EGPC Eyes $750M Loan
The Egyptian General Petroleum Corporation (EGPC) is studying obtaining a $750 million loan from foreign lenders.
Apache Founder Raymond Plank Dies at 96
Raymond Plank, founder and former CEO of Apache, died on November 8th, at the age of 96.
