Fiscal Year Results | Egypt Oil & Gas

ETHYDCO Boosts Domestic Sales, Expands Exports to 35 Countries in 2024

The Egyptian Ethylene and Derivatives Company (ETHYDCO) has fully met its production target for 2024, leading to a rise in domestic sales as well as increasing its export destinations to 35 international markets, ...

NORPETCO Drills 13 New Wells, Adds 1.5Mn Barrels in Reserves in FY 2024/2025

North Bahariya Petroleum Company (NORPETCO) has commenced crude oil production from the Ferdous-23 well, drilled 13 new wells exceeding its annual target, and added 1.5 million barrels of proven reserves. The stat ...

Tharwa Petroleum Expands Proven Reserves by 3.5 mmbbls in 2024

Tharwa Petroleum Company has recorded a rise in proven reserves amounting to 3.5 million barrels (mmbbl) in the West Kalabsha area, located in Egypt’s southern desert, opening new horizons for development operatio ...

El Molla Reviewed EGAS Fiscal Results

The Egyptian Minister of Petroleum Tarek El Molla headed the General Assmbly of EGAS

Petrobel’s Business Results for 2015/2016

Petrobel invested $948m in oil and gas exploration and operations during the fiscal year 2015/2016, with $426m directed towards the development of wells, leading to a hike in reserves of around 5.8m barrels of crude ...

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