Wintershall Dea Exits Gulf of Suez Concession
Wintershall Dea has announced its exit from the Gulf of Suez concession as it decided to focus on natural gas production as a part of its Energy Transition Pathway.
Wintershall Dea has announced its exit from the Gulf of Suez concession as it decided to focus on natural gas production as a part of its Energy Transition Pathway.
The draft agreements authorize The Egyptian General Petroleum Corporation (EGPC) and several international companies to conduct E&P activities in the Gulf of Suez and the Nile Delta.
The Cabinet approved two bills licensing the Minister of Petroleum and Mineral Resources to contract with other parties on exploration and production (E&P) activities.
Egypt's natural gas production capacity reached 7.2 billion cubic feet per day (bcf/d) as a result of the efforts to confront the natural decline of wells during the past five years, the CEO of the Egyptian Natura ...
Natural gas was delivered to 458,000 housing units, concluding 40% of the total number of customers during the year all over Egypt, according to Wael Gowayed, Chairman of Egypt Gas Company.
Wintershall Dea and Egyptian Minister of Petroleum H.E. Tarek El Molla have signed the concession agreement for the East Damanhour block.
The exploration wells, Baltim Southwest-1 and Baltim Southwest-2, in the Nile Delta region began production with a rate of about 190 million cubic feet per day (mcf/d) and about 1,300 barrels of condensate per day ...
BP is targeting to produce 500 million standard cubic feet per day (mmscf/d) of natural gas from its new discovery in the Baltim South Development Lease.
Dana Gas is being consulted on whether to sell its $500 million offshore Merak-1 well in Egypt as no commercial discovery has been made there.
Belayim Petroleum Company (Petrobel) announced that it has achieved a new natural gas discovery in the Nile Delta concession area.