investments | Egypt Oil & Gas - Part 31
Petrogulf Corporation to Invest $50 M in FY 2018/19
Petrogulf Corporation plans to invest $50 million in the fiscal year (FY) 2018/19, as the company is conducting a program that includes a number of projects aiming to boost infrastructure efficiency and rehabilitate,...
Agiba Petroleum Produces 45,000 b/d of Crude Oil
Agiba Petroleum Company currently produces 45,000 barrels per day (b/d) of crude oil from its fields in the Western Desert and the Gulf of Suez, according to Mohamed El Kaffas, the company head, Egypt Oil & Gas re...
SUCO Produces 23,500 boe/d
Suez Oil Company (SUCO) current production has reached 23,500 barrels of oil equivalent (boe/d) of crude oil and natural gas from its four fields in the Gulf of Suez and onshore Nile Delta fields, said Adel Fahmy,com...
Pharaonic Petroleum Company Produces 105,000 boe/d in Six Months
Pharaonic Petroleum Company has 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, said Hassan Abady, company he...
GUPCO to Invest $503M in FY 2019/20
The Gulf of Suez Petroleum Company (GUPCO) has allocated $503 million dollars to be invested in several projects during fiscal year (FY) 2019/20, most importantly two exploration projects in cooperation with the Egypt...
Eni Invests $13B in Egypt over 3 Years
Italian Eni invested $13 billion in Egypt over the past three years, as Egypt comes ahead of the countries in which the company is interested to invest in, said Claudio Descalzi, Eni CEO, Egypt Oil & Gas reports. ...
Rashpetco, Burullus Gas to Invest $500M in FY 2019/20
Rashid Petroleum (Rashpetco) and Burullus Gas Company plan to invest $500 million in fiscal year (FY) 2019/20, Sabry El Sharkawy, the two companies head said, Egypt Oil & Gas reports. The new FY will witness the c... SOPC to Produce 2 M tons of Petroleum Products in 2019/20
Suez Oil Processing Company (SOPC) plans to produce 2 million tons per year of different petroleum products in fiscal year (FY) 2019/20, said Mohamed Eliwa, head of the company, according to Al Borsa News. The company...
