oil and gas | Egypt Oil & Gas - Part 7

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.

Egypt’s Oil, Gas Production Hits Record Level at 1.9 M boe/d

Minister of Petroleum Tarek El Molla announced that the Egyptian petroleum sector has recorded its highest ever production rate at 1.9 million barrel of oil equivalent per day (boe/d) of oil, gas, and condensates. ...

Phosphate Ore to be Explored in Abu Tartur

Minister of Petroleum and Mineral Resources Tarek El Molla has signed an agreement with the Egyptian Mineral Resources Authority (EMRA) and Phosphate Misr Company to ensure the exploration of phosphate ore.

El Molla, Perry Discuss US Investments in Egypt

El Molla and his American counterpart talked about ways of boosting cooperation in the oil and gas sector between Egypt and the US, and possibilities of increasing American petroleum companies' investments to prov ...

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