Khalda Petroleum | Egypt Oil & Gas - Part 3

EGPC Signs 3 E&P Agreements with a Combined Value of $50M

The Egyptian General Petroleum Corporation (EGPC) signed three oil and gas exploration and production (E&P) agreements worth $50 million, Al Borsa reports. Trident Petroleum Company signed an agreement with EGPC t...

Khalda Achieves 99% of Production Target

Khalda Petroleum Company’s production of natural gas reached 4,643,282 barrels of oil equivalent (boe) in July 2017, achieving 99% of its targeted production of 4,677,635 boe for the month, Egypt Oil & Gas reports...

El Molla: Egypt Experienced a Boom in Petroleum Investment

The Minister of Petroleum and Mineral Resources, Tarek El Molla, chaired the general assemblies of Qarun Petroleum Company and Khalda Petroleum Company to review their fiscal year (fy) 2016/2017 operations, Egypt Oil ...

El Molla Visits Khalda Petroleum’s Concessions

A press release to Egypt Oil&Gas stated that the Minister of Petroleum and Mineral Resources, Tarek El Molla, visited Khalda Petroleum’s concessions in the Western Desert, accompanied by the Ministry’s...

Khalda Petroleum to Invest $810m

An official from Khalda Petroleum Company, a joint venture between the Egyptian General Petroleum Corporation (EGPC) and US Apache, stated to Egypt Oil&Gas that the company allocated $810m investments in the budge...

Apache to Drill 20 Gas Wells

US Apache intends to invest $100m in horizontal drilling on 20 wells in the Apollonia field located in the Egyptian Western Desert in order to produce around 40mcf/d of gas from limestone, reported Al Borsa. Apache wi...

Apache Produced at $4.5/b at Western Desert Area

US Apache’s joint venture in Egypt, Khalda Petroleum, reduced the cost of oil produced from  its concession located in the Egypt’s Western Desert from $5 to $4.5 per barrel during the first quarter of fisc...

Apache to Invest $909m in Egypt

US Apache will invest $908.9m in drilling 97 new wells in Egypt’s Western Desert during fiscal year 2016/2017.  The company will drill 74 development wells with investments of $ 552.5m, in addition to 23 explora...

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