Pharaonic Petroleum Company Produces 105,000 boe/d in Six Months
Pharaonic Petroleum Company successfully produced 105,000 barrels of oil equivalent per day (boe/d) from Atoll and Ras El Bar fields during the first half of fiscal year (FY) 2018/19.
Pharaonic Petroleum Company successfully produced 105,000 barrels of oil equivalent per day (boe/d) from Atoll and Ras El Bar fields during the first half of fiscal year (FY) 2018/19.
The investments will be directed to several projects during fiscal year (FY) 2019/20, most importantly two exploration projects in cooperation with the Egyptian General Petroleum Corporation (EGPC) and WesternGeco ...
The Egyptian government appreciates the cooperation with Eni, which had the greater effect in developing Egypt's natural gas resources.
Rashpetco and Burullus Gas plan to pump investments totaling $500 million to execute different project, including the 9B phase project, and the construction of a pipeline connecting the West Delta Deep Marine (WDD ...
The company will conduct a number of projects with investments around EGP 700 million.
Libya Oil will invest EGP 500 million into Egypt over the next five years under its new commercial name, OLA Energy,
International oil companies (IOCs) aim to increase exploration and production (E&P) investments to reach $11 billion by the end of fiscal year (FY) 2018/19, compared to $10 billion in FY 2017/18.
The Egyptian oil and gas sector is set to receive $10 billion investments in the fields of exploration and production (E&P) and development during fiscal year (FY) 2018/19.
Egyptian Petroleum Minister, Tarek El Molla, met with Bryan Mitlon, President of ExxonMobil Fuels and Lubicants Company, and Hesham El Amrosy, Chairman and Managing Director of ExxonMobil Egypt, to discuss investm ...
Egypt has promising investment opportunities with China in the fields of energy, oil and natural gas, stated Ashraf Farag, deputy minister of petroleum for agreements and exploration.