investments | Egypt Oil & Gas - Part 24

GPC Allocates EGP150 Million for “North West” Pipeline Project

General petroleum Company (GPC) stated that it allocated  EGP150 million for implementing 8-inches pipeline project to exploit the produced gases from “North West” field in the Eastern desert.

Egypt’s Natural Gas Production Capacity Reaches 7.2 bcf/d 

Egypt's natural gas production capacity reached 7.2 billion cubic feet per day (bcf/d) as a result of the efforts to confront the natural decline of wells during the past five years, the CEO of the Egyptian Natura ...

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.

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.

Page 24 of 42

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password