Egypt | Egypt Oil & Gas - Part 339

Agiba Petroleum Increases Production, Reserves

The head of Agiba Petroleum, Alaa El Batal, reported that the company increased both reserves and production during fiscal year (FY) 2016/2017.

Petrojet Supplies 50-Ton Pressure Vessel for BP’s West Delta

Petrojet completed the manufacture of a 50-ton pressure vessel for the development project at the West Delta gas field.

GUPCO, Pharaonic Report on Production, Exploration

Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla reviewed the annual production and activity of Gulf of Suez Petroleum Company (GUPCO) and Pharaonic Petroleum Company for fiscal year (FY) 2016/2017.

El Molla Reviews Petrobel, Petro Shorouk Results

Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla chaired the general assemblies of Belayim Petroleum Company (Petrobel) and Petro Shorouk Companies to review the firms’ operations during fiscal ye ...

Khalda Achieves 99% of Production Target

Khalda Petroleum Company’s production of natural gas reached 4,643,282 barrels of oil equivalent (boe) in July, 99% of its targeted production of 4,677,635 boe for the month.

Lazard to Advise Naftogaz on the Sale of its Egyptian Assets

Naftogaz Ukrainy has hired a consulting company to advise it on the sale of its Egyptian assets.

Cabinet Extends SUMED’s Mandate

The Egyptian cabinet extended the Arab Petroleum Pipeline Company’s (SUMED’s) mandate for an additional 27 years.

Egypt Approves New Investment Regulations to Bolster FDI

Egypt’s cabinet finalized and issued regulations for the country’s new investment law.

Rockhopper Produces 3,300 b/d from Abu Sennan Field

Rockhopper Exploration PLC announced that production from the Abu Sennan field averaged 3,300 barrels per day of oil equivalent (BOE/D) during the first half of 2017.

TransGlobe Produces 13,851 b/d of Crude

TransGlobe Energy Corporation announced production rates of 13,851 barrels per day (b/d) of oil from its Egyptian fields during the second quarter of 2017.

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