El Molla, Nunn Discuss Oil, Gas Areas of Cooperation
The Minister of Petroleum and Mineral Resources Tarek El Molla received Cyrill Nunn, the German Ambassador to Egypt, following the assumption of Nunn’s new position in Egypt.
oil and gas | Egypt Oil & Gas - Part 11
Aramco to Pay $75 B Dividends in 2020
Saudi Aramco announced that it aims to pay a $75 billion dividends in 2020 as it prepares for an initial public offering (IPO).
SDX Energy Announces Oil Discovery in West Gharib Concession
The company encountered a commercial oil accumulation of approximately 135 feet of net heavy oil at a depth of 4,665 feet. The well was brought online at a steady average of roughly 315 barrels per day (b/d).
Egypt, Oman Sign Oil, Gas MoU
Egypt has signed a memorandum of understanding (MoU) with Oman to enhance oil and gas cooperation and exchange expertise and technologies in the industry.
Khalda Petroleum Records Highest Production
Khaleda Petroleum Company has achieved unprecedented record numbers in its history during the last fiscal year, where the company recorded the highest daily crude oil production rate of more than 141,000 barrels a ...
Zohr Total Investments Reach $10.6 B
Zohr field’s total investments reached $10.6 billion, of which $3 billion were injected in fiscal year (FY) 2018/2019 after the field reached a production level of 2.7 billion cubic feet per day (bcf/d).
Energean Acquires Edison for $750 MM
Edison exploration and production (E&P)’s portfolio of assets includes producing in in the growing eastern Mediterranean gas hub, with a significant presence in Egypt’s offshore basin.
Petrobel Introduces New HSE Fire Truck
The achievement was announced in order to fulfill the Ministry of Petroleum’s vision regarding enhancing the health, safety and environment (HSE) and preventing any accidents during the oil and gas manufacturing p ...
Egypt To Achieve Fuel Self-Sufficiency in 4 Years
The Ministry of Petroleum and Mineral Resources aims to achieve self-sufficiency of fuel and petroleum products, in conjunction with the completion of new expansions of Egyptian refineries by fiscal year (FY) 2023 ...
Ministry of Petroleum to Build $8.5 B Petrochemicals Complex
The Ministry of Petroleum and Mineral Resources is studying the construction of a new refinery and petrochemicals complex in the Al-Alamein region with investments of about $8.5 billion.
