PMS Implements 87 Projects Worth $171 MM
Petroleum Marine Services company (PMS) announced that it has implemented 87 projects worth $171 million at the highest quality and at their time line despite coronavirus pandemic during 2020.
investments | Egypt Oil & Gas - Part 21
Rosneft’s Komsomolsk Refinery Invests RUB 750 MM in Environmental Projects
Roseneft company announced that its Komsomolsk refinery invested more than RUB 750 million in environment- oriented assets during the period between 2018 to 2020.
MoP, Schlumberger Announce Launch of Egypt Upstream Gateway
The Ministry of Petroleum and Mineral Resources, in collaboration with Schlumberger, has launched Egypt Upstream Gateway (EUG), the first exploration and production (E&P) digital data center.
EGPC Approves El Hamra Budget with $81 MM in FY 2020/21
The CEO of the Egyptian General Petroleum Corporation (EGPC), Abed Ezz El Regal, approved the planning budget of El Hamra Oil Company with $81 million of investments for the fiscal year (FY) 2021/22 during the gen ...
Bapetco’s Investments Reach $298 MM in FY 2021/22
Badr El-Din Petroleum Company (Bapetco) announced that its investments reached $298 million with 100% success rate in drilling three exploration wells during H1 of FY 2021/22 as well as planning to drill two explo ...
Iraq Signs MoU with Total for Large Projects
The Iraqi Ministry of Oil has signed a memorandum of understanding (MoU) with Total company for cooperating in establishing promising large projects.
Energean Announces Final Investment Decision for Offshore Egypt Project
Energean announces the North El Amriya (NEA), and North Idkunea concession (NI) Final Investment Decision in offshore Egypt.
Total Agrees to Acquire Stake of 20% in India’s AGEL
Total Energy Group has agreed to buy a stake of 20% in India’s Adani Green Energy Limited (AGEL) in in attempt to enhance its presence in the renewable energy.
GPC’s Production Hits New Record of 68,000 bbloe/d
Egypt allocated investments with EGP 5 billion to the General Petroleum Company (GPC) to increase drilling exploration and development wells.
Aramco Seeks a $7.5 B Loan for Pipelines Investors
Saudi Aramco is seeking to a loan costs $7.5 billion for potential investors in its oil pipelines.
