Apache to Invest $909m in Egypt

• Wednesday, 23rd November 2016
• by Sarah Samir

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...

Bapetco Brought 2 Wells Online

• Thursday, 3rd November 2016
• by Sarah Samir

A press release to Egypt Oil&Gas stated that Badr El Din Petroleum Company’s (Bapetco) CEO, Emad Hamdy, reported to the Egyptian Minister of Petoleum, Tarek El Molla, that the company brought two new wells i...

Egypt’s Gas Output Pushed to 4.35bcf/d

• Thursday, 22nd September 2016
• by Sarah Samir

Egypt boosted its natural gas production to reach 4.35bcf/d from August’s level of 4.17bcf/d. This increase in natural gas output, at a rate of 230mcf/d, came as a result of linking new wells to production. Furt...