oil and gas | Egypt Oil & Gas - Part 12

Sonatrach to Decrease Planned Investment by 50%

Algerian President Abdelmadjid Tebboune has demanded that state energy firm Sonatrach decrease their planned investment by 50% from $14 billion to $7 billion, according to Reuters. Tebboune decreed on March 22 that th...

Wintershall Dea 2019 Results Show Strong Operational Performance

Europe’s leading independent gas and oil company, Wintershall Dea, has released the results for its fourth quarter and full year 2019 that showed a strong operational performance, according to a press release. The com...

El Molla Makes New Appointments in Oil Sector

Minister of Petroleum and Mineral Resource, Tarek El Molla, has issued a movement of transfers for a number of assistants and managers of the general administrative affairs of the oil sector companies in his endeavor ...

Wintershall Dea Appoints New COO

Wintershall Dea has appointed Dawn Summers as the new COO, responsible for the business units in several countries including Egypt, according to a press release. The decision will take effect as of June 1. Summers has...

El Molla: The Middle East is a Natural Gas Basin

The Minister of Petroleum and Mineral resources, Tarek El Molla, said that the East Mediterranean is considered to be a global basin of natural gas, having great energy potential to support the regional cooperation as...

Town Gas Deals with a Pipeline Breakage

Town Gas company was able to handle the breakage of the natural gas pipeline HP 125 in Safir square on December 2, according to AL-Ahram Gate. The pipeline is responsible for supplying natural gas to the station “Arab...

Iran to Boost Production to 680 mcm/d from South Pars

Iran targets to produce 680 million cubic meters per day (mcm/d) from its supergiant South Pars gas field, according to Tehran Times. According to the Managing Director of Pars Oil and Gas Company (POGC), Mohammad Mes...

Dana Gas Generates 31,800 boe/d from Iraq

Dana Gas’s average production during the first nine months of 2019 increased by 8% to 67,100 barrels of oil equivalent per day (boe/d), driven mainly by a 23% increase in production in the Kurdistan Region of Iraq to ...

Libya Pumps 1.25 MM b/d of Oil

Libya is generating 1.25 million barrels per day (b/d) of oil and plans to increase production to 1.5 million b/d in 2020, the head of the state National Oil Corporation (NOC), Mustafa Sanalla, said, Zawya reported. A...

Singaporean Oil, Gas Companies Explore Cooperation with Egypt

A delegation of representatives from nine Singaporean oil and gas companies visited Cairo from November 16-18, 2019, to discuss mutual cooperation opportunities in the Egyptian oil and gas sector, Amwal Alghad reporte...

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