Petromaint Sees Capital Increase, Gearing Up for Expansion of its Business

• Wednesday, 11th September 2024
• by Fatma Ahmed

Petromaint has announced that it has conducted its general assembly meeting to discuss several topics, including increasing its capital from EGP 300 million to EGP 1 billion. The meeting also witnessed discussions on ...

Bapetco Production Exceeds 67,000 boe/d, Pumps $295M in Investments During FY 2023/24

• Monday, 9th September 2024
• by Fatma Ahmed

Ashraf Abdel Gawad, the Chairman of Badr El Din Petroleum Company (Bapetco) has revealed that production rates reached over 67,000 barrels of oil equivalent per day (boe/d), amounting to 217 million cubic feet (mmcf) ...

WEPCO Reports Major Milestones at Al Hamra Port

• Monday, 9th September 2024
• by Fatma Ahmed

Ibrahim Massoud, the Chairman of Western Desert Petroleum Company (WEPCO), operating Al Hamra Petroleum Port and Badr Petroleum Company,  stated that about 81 million barrels were received through the storage faciliti...

Rashpetco, Burullus Gas Average Production Reaches 222 mmcf/d of Natural Gas

• Sunday, 8th September 2024
• by Fatma Ahmed

Rashid Petroleum Company (Rashpetco) and Burullus Gas Company’s Chairman Mohamed Samir stated that the companies have achieved average production of 222 million cubic feet per day (mmcf/d) of natural gas in addi...

PhPC Achieves Average Production of 79,000 boe/d in 2023/24

• Sunday, 8th September 2024
• by Sarah Samir

Minister of Petroleum and Mineral Resources, Karim Badawi, emphasized the importance of accelerating development operations and bringing discovered sites into production to boost local output and reduce pressure on th...

Egypt’s Western Desert Oil Production Rises as Khalda Petroleum Increases Output

• Thursday, 5th September 2024
• by Sarah Samir

Minister of Petroleum and Mineral Resources, Karim Badawi, emphasized the importance of boosting investment in oil and gas exploration across Egypt’s onshore and offshore regions, particularly in the Western Des...

MOPCO Production Exceeds the Targeted Plan During Q1 2024

• Sunday, 18th August 2024
• by Fatma Ahmed

Ahmed Mahmoud, the Chairman and Managing Director of Misr Fertilizers Production Company (MOPCO), has announced that the company produced 138% of the targeted production plan of ammonia and produced urea of 943,000 to...

GEMPETCO, ZAFCO Production Reaches 1.7 mmbl During 2023/24

• Sunday, 18th August 2024
• by Fatma Ahmed

Mohamed El Meligy, the Chairman of Gemsa Petroleum Company (GEMPETCO), has stated that the total production of GEMPETCO and Zaafarana Oil Company (ZAFCO) reached 1.7 million barrels (mmbbl) during the fiscal year (FY)...

Badawi Encourages EDC to Continue Raising Rig Fleet Efficiency

• Monday, 12th August 2024
• by Sarah Samir

Minister of Petroleum and Mineral Resources Karim Badawi has commended Egyptian oil and gas sector companies operating abroad for their outstanding performance and operational efficiency. This came during the general ...

Egyptian Soda Ash Company Reviews Operational Results During First General Assembly

• Monday, 5th August 2024
• by Fatma Ahmed

The Egyptian Soda Ash Company has held its first regular general assembly, in attendance of Minister of Petroleum and Mineral Resources Karim Badawi, to approve its operational results for the fiscal year (FY) 2023. T...