PETROGAS Results Show Strong Performance in 2020/21
Petroleum Gas Company (PETROGAS) provided 3.7 tons of butane this year, , the Head of the Company, Raafat Abdel Hady, announced in the general assembly, chaired by Minister Tarek El Molla.
Petroleum Gas Company (PETROGAS) provided 3.7 tons of butane this year, , the Head of the Company, Raafat Abdel Hady, announced in the general assembly, chaired by Minister Tarek El Molla.
The new expansions of El Hamra port area, extending over an area of 120 acres, will include the construction of two new storage warehouses Number 9 and 10 in the port.
GUPCO drilled 7 new wells, of which the most recent were added to production during Q1 2021/22 with a 1000 b/d crude oil production rate.
The company's output was divided into 944 million cubic feet (mcf) of natural gas, 68,000 barrels of crude oil, and 11,000 barrels of condensates.
BAPETCO's production levels were divided into 349 million cubic feet per day (mcf/d) of natural gas, and 34,300 barrels per day of oil and condensates.
The company further produced 9,600 barrels per day (b/d) of oil condensates, despite the challenges imposed by the Corona Virus Pandemic.
Agiba added around 6 million barrels of crude oil and 4.2 billion cf of natural gas to its recoverable reserves.
Arab Petroleum Pipelines Company (SUMED) announced that it has amended articles number 23 and 39 of its policy accompanied its establishment law no (7) 1974 by adding two paragraphs for both articles.
Khalda Petroleum Company and Qarun Petroleum Company announced that they will pump around $1 billion investments in the Western Desert during the fiscal year (FY) 2021/2022, as Khalda targets to invest $830 millio ...
Enppi achieved a great leap in projects with an increase of 50% over 2019, according to press release.