Egypt | Egypt Oil & Gas - Part 307

Egypt | Egypt Oil & Gas - Part 307

EBRD to Support Petroleum Sector Restructuring

The European Bank for Reconstruction and Development (EBRD) will provide technical assistance in the new structure of Egypt's oil and gas sector.

Egypt’s Consumption of Petroleum Products Decreases by 4.4% Y.o.Y

Consumption of petroleum products declined by 4.4% Year-on-Year (Y.o.Y), from 3 million tons in November 2016 to 2.877 million tons in November 2017.

Monday Minute: Economic Snapshot

A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.

SDX Targets 4,422 boe/d from North West Gemsa in 2018

SDX Energy Incorporation announced plans to maintain 2017 production rates from North West Gemsa during 2018, standing at 4,422 barrel of oil equivalent per day (boe/d).

NBE to Manage Cash Revenues of Zohr

EGPC, NBE sign an agreement to manage cash revenues of Egypt's giant natural gas field Zohr.

Yokogawa to Supply Gas Pipeline Management, Control System in Egypt

Yokogawa Middle East & Africa announced receiving an order from the Egyptian Natural Gas Company (GASCO) to supply a gas pipeline management and control system.

Pharaonic Petroleum to Produce 512 mscf/d of Natural Gas in 2018/2019

Pharaonic Petroleum Company plans to produce up to 512 million standard cubic feet per day (mscf/d) of natural gas and around 9,000 barrels per day (b/d) of condensates during FY 2018/2019.

Petrobel to Boost Production to 358,000 boe/d

Belayim Petroleum Company (Petrobel) plans to boost average production to reach 358,000 barrels of equivalent per day (boe/d) during FY 2018/2019.

PetroShorouk Upscales Exploration Activities

PetroShorouk Company is continuously intensifying its exploration activities at Shorouk Concession in order to confirm the discovered reserves in line with the construction works in the onshore and offshore facili ...

Egypt’s Natural Gas Production Increases by 14% Y.o.Y

The Egyptian natural gas production increased by around 14.11% year-on-year (Y.o.Y.), rising to 3.12 million tons in November 2017, compared to 2.734 million tons in November 2016.

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