Gulf of Suez | Egypt Oil & Gas - Part 3

SDX H1 2020 Production Surge by 97% YoY

SDX’s South Disouq and West Gharib production in H1 2020 exceeded the company’s 2020 guidance with 6,980 barrels of oil equivalent per day (bbloe/d), noting a 97% increase than H1 2019.

GPC Achieves Production Record of 62,000 bbl/d

General Petroleum Company (GPC) has achieved a production record of 62,000 barrels per day (bbl/d) for the first time ever since its establishment in 1957.

El Molla, Fouad Review Environmental Reform Plans

Minister of Petroleum and Mineral Resources Tarek El Molla and Minister of Environment Yasmine Fouad followed up on the industrial drainage problem and reviewed the environmental reform plans for petroleum compani ...

Petrobel, Shelf Drilling Terminate Trident 16 Contract 

Belayim Petroleum Company (Petrobel) has submitted an early termination of the Trident 16 contract with Shelf Drilling.

New Petroleum Discovery in Gulf of Suez

The Ministry of Petroleum and Mineral Resources announced a new petroleum discovery in the shallow water of Geisum Concession at Gulf of Suez.

Neptune Completes First OBN Seismic Survey in Egypt

Neptune Energy has successfully completed the first-ever ocean bottom nodes (OBN) seismic survey in Egypt, at the North West El Amal block.

Petroleum, Environment Ministers Review Environmental Compatibility Plans

The Minister of Petroleum and Mineral Resources, Tarek El Molla, discussed the industrial wastewater treatment issues in the Gulf of Suez and the Red Sea region with Yasmine Fouad, Minister of Environmental Affair ...

Petrobel Extends Shelf Drilling Contract

Belayim Petroleum Company (Petrobel) allowed a one-year extension for Shelf Drilling contract for Trident 16 jack-up rig.

Dragon Oil to Boost Investments in Egypt by $650 MM

Dragon Oil is planning to increase its investments in Egypt through acquiring some operating assets in the Western Desert in the next five years.

House of Representatives Approves 11 Exploration Agreements

The Energy and Environment Committee of Egypt’s House of Representatives, Chaired by Talaat El Sewedy, approved 11 projects, delegating the Minister of Petroleum and Mineral Resources, Tarek El Molla, to explore f ...

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