General Assembly | Egypt Oil & Gas - Part 26
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, Egypt Oil & Gas reports. Company head Atef Hassan said that the newly-drilled wells include 30 wel...
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, Egypt Oil & Gas reports. Speaking during a review meeting wi...
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, Egypt Oil & Gas r...
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, company head Waleed Lotfy has stated, Egypt Oil & Gas repo...
Gasco Distributes 58 bcf Natural Gas in 2017
Egyptian Natural Gas Company (Gasco) successfully received and distributed 58 billion cubic feet (bcf) of natural gas to different sectors of the local market during 2017, stated Hisham Radwan, Head of Gasco, pointing...
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, stated Abdel Megeed Hegazy, Head of Ethydco, Egypt Oil & Gas repo...
Midor Refines 40.5 M Barrels of Crude Oil in 2017
Middle East Oil Refinery (Midor) refined 40.5 million barrels of crude oil in 2017 and contributed in providing over 3 million tons of different petroleum products to the local market worth around $1.4 billion, accord...
PMS Signs 35 Contracts Worth $276 M in 2017
Petroleum Marine Services (PMS) signed 35 contracts worth $276 million, reaching its highest contracting rate since the day of its establishment, said Al Sayed Al Badawy, Head of PMS, Egypt Oil & Gas reports. The ...
