General Assembly | Egypt Oil & Gas - Part 27
Ganope Drills 13 Exploratory Wells
During fiscal year (FY) 2016/2017, Ganoub El Wadi Petroleum Company (Ganope) drilled 13 exploratory new wells, the Head of Ganope, Mohamed El Shemy, said during the company’s annual general assembly, Egypt Oil & G...
ECHEM Revenues Reach EGP 1.141B
The Egyptian Petrochemicals Holding Company (ECHEM) increased its revenues in fiscal year (FY) 2016/2017 to EGP 1.141 billion, a 56.6% increase from FY 2015/2016, Egypt Oil & Gas reports. During the past fiscal ye...
Petrogas Sells 4.4M Tons of Butane
Petroleum Gas Company (Petrogas) sold 4.4 million tons of butane in Egypt’s domestic market and boosted butane storage capacity to 134,800 tons during fiscal year (FY) 2016/2017, according to the Head of Petrogas, Ade...
CORC Refines 4.6M Tons of Crude Oil
Cairo Oil Refining Company (CORC) refined 4.6 million tons of crude oil in fiscal year (FY) 2016/2017, according to the Head of CORC, Mohamed Hashiesh, Egypt Oil & Gas reports. Hashiesh noted that the company prod...
GPC Increases Production by 5%
Egypt’s state-owned General Petroleum Company (GPC) increased its production by 5% to reach a production rate of 86,400 barrels of oil equivalent per day (boe/d) in fiscal year (FY) 2016/2017), Egypt Oil & Gas rep...
Agiba Petroleum Increases Production, Reserves
The head of Agiba Petroleum, Alaa El Batal, reported that the company increased both reserves and production during fiscal year (FY) 2016/2017, Egypt Oil & Gas reports. The company invested $212 million during FY ...
El Molla Reviews Petrobel, Petro Shorouk Results
Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla chaired the general assemblies of Belayim Petroleum Company (Petrobel) and Petro Shorouk Companies to review the firms’ operations during fiscal yea...
El Molla: Egypt Experienced a Boom in Petroleum Investment
The Minister of Petroleum and Mineral Resources, Tarek El Molla, chaired the general assemblies of Qarun Petroleum Company and Khalda Petroleum Company to review their fiscal year (fy) 2016/2017 operations, Egypt Oil ...
