GA | Egypt Oil & Gas

Khalda to Drill 28 Exploratory Wells in 2018/2019

Khalda Petroleum Company plans to drill 28 exploratory wells in fiscal year (FY) 2018/2019, from which three wells will be drilled in Siwa Concession.

Agiba Petroleum to Produce 16.4 mscf/d in FY 2018/2019

Agiba Petroleum Company plans to produce 16.4 million standard cubic feet per day (mscf/d) during fiscal year (FY) 2018/2019.

Pharaonic Petroleum to Produce 512 mscf/d of Natural Gas in 2018/2019

Pharaonic Petroleum Company plans to produce up to 512 million standard cubic feet per day (mscf/d) of natural gas and around 9,000 barrels per day (b/d) of condensates during FY 2018/2019.

Petrobel to Boost Production to 358,000 boe/d

Belayim Petroleum Company (Petrobel) plans to boost average production to reach 358,000 barrels of equivalent per day (boe/d) during FY 2018/2019.

GUPCO to Drill 4 Wells in FY 2018/2019

Gulf of Suez Petroleum Company (GUPCO) plans to drill 4 new wells, including one exploratory well and three development wells, during fiscal year (FY) 2018/2019.

GPC to Drill 18 Wells in 2018/2019

The General Petroleum Company (GPC) plans to drill 5 exploratory wells and 13 development wells, as well as maintain and complete 27 wells during FY 2018/2019.

COOP Achieves 5 M tons of Petroleum Sales

Petroleum Cooperative Society Company (COOP) reached 5 million tons of petroleum products sales and 38,000 tons of lubricants’ sales during the first half of FY 2017/2018.

Misr Petroleum Company to Sell 10 M Tons in 2018/2019

Misr Petroleum Company plans to reach target sales of 10 million tons during FY 2018/2019 and achieve around EGP 49.8 billion sales revenue out of services and products sales,

APRC to Distill 3.9 M Tons of Crude Oil

Amreya Petroleum Refining Company (APRC) plans to distill 3.9 million tons of crude oil during fiscal year (FY) 2018/2019 to produce 79,600 tons of butane and 560,000 tons of 80-octane benzene.

Rashpetco Natural Gas Production Hits 486 mscf/d in H1

Rashid Petroleum Company/Burullus Gas Company (Rashpetco) has achieved its production target for the first half of fiscal year (FY) 2017/2018, reaching 684 mscf/d of natural gas.

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