Town Gas Achieves EGP 4B in Revenues
The company achieved total revenues amounting to approximately EGP 4 billion and a net profit exceeding EGP 112 million, an increase of 57% over the previous year, in a first for the company.
General Assembly | Egypt Oil & Gas - Part 9
Nile Petroleum Company to Add Seven New Natural Gas Stations
The Chairman of Nile Petroleum Company Ahmed Eid has stated that the company has 75 natural gas stations in addition to another 12 that are under construction throughout different areas in upper Egypt.
El Molla Praises the Outstanding Performance of EPROM in Operating Petroleum Projects
Minister of Petroleum and Mineral Resources Tarek El Molla has chaired the general assembly meeting of the Egyptian Projects Operation and Maintenance Company (EPROM) to approve the results of the company’s work f ...
Agiba Petroleum to Pump Investments Worth $500M During FY 2024/25
The Chairman of Agiba Petroleum Company Tharwat Gindy has stated that the company plans to pump $500 million during the fiscal year (FY) 2024/25 targeting daily production rates of 30,000 barrels of oil and 119 mi ...
Pharaonic Petroleum’s Natural Gas Production Reaches 400 mcf/d in H1 2023/24
The company’s Chairman Hossam Zaki indicated its success in achieving daily production rates during the first half of the fiscal year 2023/24, estimated at approximately 400 million cubic feet (mcf/d) of gas per d ...
EGAS to Establish Seven Projects, Adding 20 Developmental Wells to the Production Line During FY 2024/25
Egyptian Natural Gas Holding Company (EGAS) Chairman Magdy Galal has announced that his company aims to establish seven developmental projects and put 20 developmental wells on the production line during the fisca ...
Petrobel Targets Investments Worth $614M During FY 2024/25
Belayim Petroleum Company (Petrobel) Chairman Khaled Mowafy has stated that his company targets investments of $614 million during the fiscal year (FY) 2024/25.
Petroshrouk Ramps Up Zohr Gas Field with $535M Investment Plan
Petroshrouk Chairman Khaled Mowafy has announced that work is underway on the plan drawn up during the current fiscal year (FY) 2023/24 to implement development operations for the Zohr natural gas field.
Sidpec Achieves 105% of Production Plan in 2023
Minister of Petroleum and Mineral Resources Tarek El Molla has chaired the general assembly meeting of the Sidi Kerir Petrochemicals Company (Sidpec) to approve the results of its work for the year 2023.
Khalda Petroleum to Pump Investments Worth $1.2B During FY 2024/25
Saeed Abdel Moneim, Chairman of Khalda Petroleum Company, has announced that the company will pump investments worth $1.2 billion and drill 42 exploratory wells, in addition to other 81 development wells in the We ...
