investments | Egypt Oil & Gas - Part 12
bp Reaffirms Commitment to Egypt, Seeks Expansion
On the sidelines of ADIPEC exhibition and conference 2023, the Minister of Petroleum and Mineral Resources Tarek El Molla met with the interim CEO of bp Murray Auchincloss, who affirmed that the company’s investments ...
Descalzi Expresses Delight for Eni’s Big Win in Recent Egyptian Bid Round
During his participation in ADIPEC 2023, Claudio Descalzi, the CEO of Eni, expressed his happiness about Eni’s winning of three important concession areas in the Egyptian bid round that was offered for oil and g...
Copetrole Sells 7.3M Tons of Petroleum Products During FY 2022/23
Cooperation Petroleum Company’s (Copetrole) Chairman Nasser Shouman said that the company sold petroleum products amounting to about 7.3 million tons during the fiscal year (FY) 2022/23, through 1,268 stations a...
Alexandria Petroleum Refines 4.8M Tons of Crude During FY 2022/2023
Alaa Amin, the Chairman of Alexandria Petroleum Company (APC), has stated that his company has refined 4.8 million tons of crude oil during the fiscal year (FY) 2022/23 which helped in providing petroleum products wor...
Nasr Petroleum Pumps EGP1.5B in New Projects During FY 2022/23
The Chairman of Nasr Petroleum Company (NPC) Mohamed Abdullah has announced that the company pumped EGP 1.5 billion as part of its investment plan during the fiscal year (FY) 2022/23 to establish a number of projects ...
Iran Establishes Petroleum Projects Worth $50B
The Deputy Chief for Development and Engineering Affairs at the National Iranian Oil Company (NIOC), Reza Dehqan said that the country is progressing oil and gas projects worth some $50 billion, Shana news agency repo...
Khalda’s Average Daily Production Reaches 220,000 boe in FY 2022/23
Saeed Abdel Moneim, Chairman of Khalda Petroleum Company stated that the company’s average production recorded 220,000 barrels of oil equivalent per day (boe/d) during the fiscal year (FY) 2022/23 after pumping ...
Agiba Petroleum’s Investments Reach $371M in 2022/23
Minister of Petroleum and Mineral Resources Tarek El Molla chaired the general assembly of Agiba Petroleum to approve the results of the work of the fiscal year 2022/23. The company’s performance review indicate...
