Edison to Drill Deepwater Exploratory Well
Edison plans to drill a deepwater exploratory well in the Eastern Mediterranean.
Egypt | Egypt Oil & Gas - Part 322
Hanter: Shell to Maximize Hydrocarbon Potential
Shell is looking to expand its operations in the Western Desert through its partnership with Badr El Din Petroleum (BAPETCO) in order to maximize its hydrocarbon potential.
Petrogas Sells 4.4M Tons of Butane
Petroleum Gas Company (Petrogas) sold 4.4 million tons of butane in Egypt’s domestic market and boosted butane storage capacity to 134,800 tons during fiscal year (FY) 2016/2017.
CORC Refines 4.6M Tons of Crude Oil
Cairo Oil Refining Company (CORC) refined 4.6 million tons of crude oil in fiscal year (FY) 2016/2017.
Shell Lubricants to Sign Partnership with FCA
Shell Lubricants Egypt will sign a partnership agreement with Fiat Chrysler Automobiles (FCA) on September 20th.
ASORC Refines 3.8M Tons Crude Oil
Assuit Oil Refining Company (ASORC) refined 3.8 million tons of crude oil during fiscal year (FY) 2016/2017, according to the Head of ASORC, Nagy Abdel Ghaffar.
GPC Increases Production by 5%
Egypt’s state-owned General Petroleum Company (GPC) increased its production by 5% to reach a production rate of 86,400 barrels of oil equivalent per day (boe/d) in fiscal year (FY) 2016/2017).
El Molla Issues New Promotions
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, announced new appointments and promotions.
IOC Investments in Oil & Gas Rise to $10B
Investments in Egypt’s oil and gas sector by international oil companies (IOCs) rose to $10 billion during 2017.
Petrochemical Complex to Begin Production in 2021
The Egyptian Petrochemicals Holding Company (ECHEM) is constructing a $3 billion petrochemical and refining complex in the Suez Canal Economic Zone.
