The new wells will be drilled with a total of investments amounting to $1.8 billion, with 21 wells during the current fiscal year 2023/24 and 14 wells during the fiscal year 2024/25.
The General Petroleum Company (GPC) aims to drill 15 exploration and development wells in the H2 of the fiscal year (FY) 2020/21.
Petroleum Development Oman (PDO), Oman’s largest oil producing company, achieved record production of 1.210 million barrels of oil equivalent per day (mmbbl/d) in 2019, a 0.41% increase from 2018’s 1.205 mmbbl/d.
Khalda Petroleum Company's (Apache) investments are expected to reach $792 million during Fiscal Year (FY) 2020/21.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, headed the general assembly meeting of Qarun Petroleum Company to review the adjusted budget for Fiscal Year (FY) 2019/20, and the planning budget f ...
Wintershall Dea and Egyptian Minister of Petroleum H.E. Tarek El Molla have signed the concession agreement for the East Damanhour block.
The Ministry of Petroleum and Mineral Resources announced 10 new exploration wells in the Western Desert in the East Bahareya Extended Area 3, with an average daily production of 5,000 barrels of oil equivalent pe ...
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