General Assembly | Egypt Oil & Gas - Part 21
Agiba Petroleum Gas Production records 17 mcf/d in FY2020/21
Agiba Petroleum Company’s average production of natural gas reached 17 million cubic feet per day (mcf/d) during FY 2020/21, Ahmed Mostafa, Agiba Petroleum’s Chairman, stated. This comes as Minister of Pe...
SUMED Amends Two Articles of its Policy
Arab Petroleum Pipelines Company (SUMED) announced that it has amended articles number 23 and 39 of its policy that accompanied its establishment law no (7) 1974, by adding two paragraphs for both articles, Al-Ahram ...
Khalda, Qarun to Invest $1 b in Western Desert During 2021/22
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 million wh...
Enppi’s Contracts Jump 50% in 2020
Enppi company has achieved a leap in 2020 with a 50% increase in its contracts, compared to 2019, despite the Covid-19 pandemic crisis, a relevant press release has reported. The announcement was made by Enppi Chairma...
Petrojet Carries out 350 Projects Worth EGP 53 B in 2020
Petrojet implemented 350 projects inside and outside Egypt at a cost of EGP 53 billion in 2020, marking an increase by 15% compared to 2019, a press release has stated. This announcement was made by Petrojet Company’s...
Gastec launches First Mobile Natural Gas Station in Egypt
Gastec company announced that it has launched for the first time in Egypt a mobile station to supply cars with compressed natural gas, a press release reported. The station can reach remote spots and can be used durin...
Petromaint’s Profits Leap 24% in 2020
Alexandria Petroleum Maintenance Company (Petromiant) has announced that its net profit increased by 24% for the first time during 2020, as it was able to sign contracts of EGP 4.4 billion, a press statement reported....
EDC’s Onshore Market share Increases 80% in 2020
The Egyptian Drilling Company (EDC) has announced that it managed to increase its market share of the onshore drilling market by 80% during 2020 despite the challenges of the pandemic compared to 60% in 2019, a press ...
