Technip: MIDOR, Asyut Refinery Projects on Schedule
Production from the hydraulic-cracking project at the Asyut refinery and the expansion project at the Middle East Oil Refinery will begin on schedule.
Production from the hydraulic-cracking project at the Asyut refinery and the expansion project at the Middle East Oil Refinery will begin on schedule.
Egypt has set a new record by signing 83 exploration and production (E&P) contracts with international oil companies (IOCs) since June 30, 2013.
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with the United Kingdom’s Trade Envoy, Jeffrey Donaldson, to discuss investment options in Egypt's oil and gas sector,
Egypt increased its imports of butane to 167,200 tons in July 2017, a 1.21% year-on-year (Y-o-Y) increase from the 165,200 tons in July 2016.
Egypt's consumption of diesel decreased 0.9% to 1.165 million tons in July 2017, compared to 1.176 million tons in the same period of 2016.
Egypt’s production of natural gas rose to 3.37 million tons in July 2017, a year-on-year (y-o-y) increase of 28.6% from last year’s 2.62 million tons.
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, announced new appointments and promotions.
Alexandria Mineral Oils Company (AMOC) produced EGP 8.5 billion petroleum products in fiscal year (FY) 2016/2017 with a net profit of EGP 1.1 billion, a 153% increase in profits from FY 2015/2016.
Alexandria National Refining & Petrochemical Company (ANRPC) produced 878,000 tons of high-octane gasoline and approximately 22,500 tons of butane in fiscal year (FY) 2016/2017
The Fayoum and Giza fields will begin production by the end of 2018, adding 500-700 million standard feet per day (mscf/d) to Egypt’s domestic production.