Ministry of Petroleum | Egypt Oil & Gas - Part 5
El Sisi Orders Maximizing Egypt’s Oil Exploration
President Abdelfatah El Sisi has directed the Cabinet to extend the rate of oil and natural gas exploration, with a focus on maximizing the utilization of the country’s natural resources, Egyptian Presidency Spokesper...
Petroleum Sector to Achieve Self-Sufficiency Ahead of Time
The government is currently working on finishing all petroleum projects on time, if not earlier, to achieve its plans of self-sufficiency and be an exporter instead of an importer, according to AlWatan News. The Minis...
Cabinet Approves New Regulations for Oil, Gas Exploration
The Cabinet approved regulations regarding 17 petroleum commitment agreements for the oil and gas exploration, during their 54th meeting, according to the Cabinet’s gate. The regulations authorize the Minister of Petr...
Petrobel Sets New Production Record with Milestone Achievements
The average production of Belayim Petroleum Company (Petrobel) has exceeded a record 803,000 barrels of oil equivalent per day (boe/d) for the first time in its history during July, Egypt Oil & Gas reports. Meanwh...
Egypt to Drill Two New Gas Wells in North Damietta
The Ministry of Petroleum and Mineral Resources is preparing to drill two new wells in the Mediterranean fields of Atoll and Katameya in the North Damietta offshore concession in the East Nile Delta, with about $289 m...
IDM Appoints New Chairman
The Ministry of Petroleum has appointed Kamel Hassan as Chairman and Managing Director of International Drilling Material Manufacturing Co. (IDM), Al-Ahram reported. IDM was established under the supervision of the Eg...
EOG Launches New HSE Subcommittee
The first meeting of the EOG HSE Subcommittee was held on Wednesday, August 21 at the premises of Halliburton in Katameya, Egypt Oil & Gas reports. The HSE Subcommittee inaugural meeting discussed initial ideas on...
KNOC to Boost Investments in Egypt
The Korea National Oil Corporation (KNOC) Chairman, Suyeong Yang stated that the company aims to expand its investments in Egypt to strengthen the bilateral relationship between the two countries, as well as promote t...
