Agiba Petroleum Produces 45,000 b/d of Crude Oil
The company plans to invest $320 million in fiscal year (FY) 2018/19.
investments | Egypt Oil & Gas - Part 30
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.
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.
GUPCO to Invest $503M in FY 2019/20
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 ...
Eni Invests $13B in Egypt over 3 Years
The Egyptian government appreciates the cooperation with Eni, which had the greater effect in developing Egypt's natural gas resources.
Rashpetco, Burullus Gas to Invest $500M in FY 2019/20
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 ...
SOPC to Produce 2 M tons of Petroleum Products in 2019/20
The company will conduct a number of projects with investments around EGP 700 million.
Libya Oil to Invest EGP 500M in Egypt
Libya Oil will invest EGP 500 million into Egypt over the next five years under its new commercial name, OLA Energy,
IOC E&P Investments to Reach $11B during FY 2018/19
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.
Oil, Gas Investments to Reach $10B in 2018/19
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.
