EPROM Achieves Highest Performance Rates in 2020
The Egyptian Projects Operation and Maintenance (EPROM) Company has achieved the highest rates of performance, and assets’ preservation in its various sites during 2020, according to a press release.
General Assembly | Egypt Oil & Gas - Part 12
EGAS: Natural Gas Production to Reach 7.2 bcf/d
The Egyptian Natural Gas Holding Company (EGAS) announced that it plans to sign three development contracts worth $377.7 million in and complete drilling ten wells in Delta and the Mediterranean (FY) 2021/2022.
PMS Implements 87 Projects Worth $171 MM
Petroleum Marine Services company (PMS) announced that it has implemented 87 projects worth $171 million at the highest quality and at their time line despite coronavirus pandemic during 2020.
GUPCO to Invest $562 MM in FY 2020/21
The Chairman of Gulf of Suez Petroleum Company (GUPCO), Mohamed El Meligy, stated that the company has allocated $562 million its planning budget for the fiscal year (FY) 2020/2021 for investments to implement pro ...
GPC Crude Oil Production Exceeds 64,500 bbl/d for the First Time
Tarek El Molla, the Minister of Petroleum and Mineral Resources, confirmed his support to the General petroleum company praising its production achievements of oil which exceeded 64,500 b/d for the first time desp ...
Petro Amir, Petro Safe Report Startling Results
Petro Amir Petroleum Company has announced that its achieved 102% of the set plan targeting to increase the production by drilling developmental well (Gyad 7) with investments $2 million in addition to another dis ...
BAPETCO Produces 114,000 bbloe/d During FY 2019/20
The Chairman of Badr El Din Petroleum company (BAPETCO), Salah Abdel Kerim said that the rate of production of his company reached 114,000 barrels of oil equivalent per day (boe/d) including more than 38 barrels o ...
Egyptian Electricity Holding Targets EGP 32.4 Billion Investments in 2020/21
The chairman of Egyptian Electricity Holding Company, Gaber Desouki, announced that his company is targeting implementing EGP 32.4 billion investment projects during the fiscal year (FY) of 2020/2021.
El Molla Urges Merger of Aqua Paris, El Wadi El Gadid for Containers
Minister of Petroleum and Mineral Resources, Tarek El Molla stressed the importance for the Aqua Paris and El Wadi El Gadid for Containers companies to improve their efficiency and the necessity of cutting produc ...
Ethydco To Establish Ploybutadiene Project Worth $180 Million
The CEO of Ethydco Company, Abdel Mageed Heagazy, said that his company is planning to establish the first project in Egypt to produce polybutadiene with investment costs $180 million.
