oil and gas | Egypt Oil & Gas - Part 14
El Molla, Nunn Discuss Oil, Gas Areas of Cooperation
Tarek El Molla, the Minister of Petroleum and Mineral Resources, received Cyrill Nunn, the German Ambassador to Egypt, following Nunn’s assumption of his new position in Egypt, according to the Cabinet’s Faceboo...
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), Pipeline Oil and Gas News reported. According to a document by the company, Aramco would ...
SDX Energy Announces Oil Discovery in West Gharib Concession
SDX Energy has announced a new oil discovery in its West Gharib concession in Egypt, the company said in a statement on September 18. The company encountered a commercial oil accumulation of approximately 135 feet of ...
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, a statement by Egypt’s Ministry of Petroleum and Mineral Resou...
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 last ...
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 bcf/d, Egypt Oil & Gas reports. Atef Hassan, ...
Energean Acquires Edison for $750 MM
Energean signed an agreement for acquiring Edison for $750 million, Egypt Oil & Gas reports. In addition to the initial payment of $ 750 million, Energean will pay an additional $100 million after gas production i...
Petrobel Introduces New HSE Fire Truck
Belayim Petroleum Company (Petrobel) is bringing in a new fire truck “Fahd”, which has the most advanced technology in the fire fighting department in the oil and gas industry in Egypt, Egypt Oil & Gas reports. T...
