Dana Gas to Drill Egyptian Mega Gas Project
The company collected seismic data that revealed natural gas reserves up to 20 trillion cubic feet, which will make it second to the Zohr mega field in production.
investments | Egypt Oil & Gas - Part 28
Abu Qir Petroleum Allocates $190 M Investments in FY 2019/20 Budget
The company will drill and complete five development wells, adding around 5,000 boe/d to its production.
Khalda Petroleum Allocates $747 M Investments for 2019/20
The company plans to drill 35 exploratory wells and 44 development wells and to complete wells to achieve an average production of 134,000 barrel per day (b/d) of crude oil, 28,000 b/d of condensates, 106 tons of ...
Qarun Petroleum to Invest $238 M in 2019/20
The company will drill 25 development wells and 10 exploratory wells in FY 2019/20 and it plans to produce 41,000 barrels per day (b/d).
Petrobel Allocates $1.2 B for Zohr Development
The company is having an ambitious plan to produce around 1 bcf of natural gas and 1.8 million barrels of condensates, boosting the field's production to 3 billion bcf/d after all the phases are completed.
Egypt Invests $9 B in Refining Projects
Egypt is carrying out six refining mega projects with $9 billion investments as a part of the oil and gas sector's Modernization Project.
Egypt Signs 51 Agreements Worth $27.2 B Petroleum Investments: El Molla
The new agreements will boost production capacities, expand E&P operations and contribute to social development in the areas of exploration.
Petrogulf Corporation to Invest $50 M in FY 2018/19
Petrogulf Corporation plans to invest $50 million in fiscal year (FY) 2018/19, as the company is conducting a program that includes a number of projects to boost infrastructure efficiency and to rehabilitate, rene ...
Agiba Petroleum Produces 45,000 b/d of Crude Oil
The company plans to invest $320 million in fiscal year (FY) 2018/19.
SUCO Produces 23,500 boe/d
Suez Oil Company (SUCO) is implementing an ambitious program to boost production of the four fields; Desouq, Ras Badran, El Zeit Guf, and Ras Fanar to reach around 38,000 boe/d.
