Qarun Petroleum Pumps Investments Worth $190 MM in 2019/20
The Chairman of Qarun Petroleum Company, Ashraf Abdel Gawad, said that his company has pumped investments during the fiscal year (FY) of 2019/20 worth $190 million.
investments | Egypt Oil & Gas - Part 23
Madbouly: Investments of Petroleum Sector Reach EGP1.16 Trillion in Six years
The Prime Minster, Mostafa Madbouly announced that the investments of petroleum sector reached to EGP1.16 trillion during the past six years.
TAQA Arabia to Allocate 240 MM towards Building Natural Gas Stations
TAQA Arabia is planning to pump EGP 240 million of investments in 2020 towards building 14 natural gas fuel stations compatible with all vehicles, which will increase the company’s number of natural gas stations t ...
Misr Petroleum to Export New Oil Products Shipment to Rwanda
Misr Petroleum will export a third shipment of high-quality motor and industrial petroleum to Rwanda, stated Hussien Fathy the Chairman of Misr Petroleum.
El Molla: Oil Prices to Reach $40-50 Per Barrel
Minister of Petroleum and Mineral Resources Tarek El Molla stated that the prices of oil per barrel during the current year could reach between $40-50.
Baker Hughes to Decrease Operational Costs in Egypt
Tameer Nasser Director and General Manager at Baker Hughes stated that the company plans to decrease its operational costs in Egypt in line with the government’s plan to attract new investments.
Khalda Petroleum Puts NU-10 Well to Production
Khalda Petroleum Company has streamlined well NU-10 with an average oil production of 1,350 barrels per day (bbl/d).
Natural Gas Delivery Reaches 458,000 Housing Units
Natural gas was delivered to 458,000 housing units, concluding 40% of the total number of customers during the year all over Egypt, according to Wael Gowayed, Chairman of Egypt Gas Company.
Energy Sector Completes 156 Projects in H1 2019/2020
The Ministry of Planning and Economic Development (MPED) has published a report of the H1 2019/20 outcomes of the Ministries of Electricity and Petroleum and Mineral Resources, indicating that the energy sector ha ...
El Molla Highlights Egypt’s Petroleum Industry in Ministerial Panel
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has showcased the situation of the petroleum and natural gas industry in Egypt during his participation in the ministerial panel that took place in ...
