Two Egyptian Pipelines to Start Operations in 2019
The Petroleum Pipelines Company (PPC) is close to finishing the double-line Ras Bakr-Assuit pipeline.
General Assembly | Egypt Oil & Gas - Part 24
AMOC Posts EGP 1.48B Profit in 2017/18
Alexandria Mineral Oils Company (AMOC) posted profits of EGP 1.48 billion in fiscal year (FY) 2017/18, a 35% increase from the EGP 1.1 billion profit posted in FY 2016/17.
Abu Qir Achieves 263 mmscf/d Gas Output in 2017/18
Abu Qir Petroleum produced an average 263 million standard cubic feet per day (mmscf/d) of natural gas during fiscal year (FY) 2017/18, a 45% increase from FY 2016/17.
Agiba Petroleum Invests $237M in 2017/18
Agiba Petroleum Company invested $237 million during fiscal year (FY) 2017/18.
Petrobel Drilled 35 Wells in 2017/18
Belayim Petroleum Company (Petrobel) drilled 35 wells in fiscal year (FY) 2017/18 at a total cost of $179 million.
Pharaonic Petroleum Announces 174 bcf of Gas Production in FY 2017/18
Pharaonic Petroleum Company produced 174 billion cubic feet (bcf) of natural gas and 2.2 million barrels of condensates during fiscal year (FY) 2017/18.
GUPCO Crude Production Hits 71,000 b/d in FY 2017/18
The Gulf of Suez Petroleum Company's (GUPCO) produced an average of 71,000 barrels per day (b/d) of crude oil and condensates in fiscal year (FY) 2017/18 from its field in the Gulf of Suez.
Petrojet Profits Exceed EGP 23 B in 2017
The Petroleum Projects and Technical Consultations Company (Petrojet) recorded profits of EGP 23 billion during 2017, a 91% year-on-year (Y.o.Y) increase.
Gasco Distributes 58 bcf Natural Gas in 2017
Egyptian Natural Gas Company (Gasco) successfully received and distributed 58 billion cubic feet of natural gas to different sectors of the local market during 2017.
Ethydco Sells 351,000 Tons of Polyethylene in 2017
The Egyptian Ethylene and Derivatives Company (Ethydco) sold 351,000 tons of polyethylene in 2017, 89,000 tons of which were sold in local markets.
