oil & gas | Egypt Oil & Gas

Petrobakr Begins Drilling at Arta 92 Well, Targeting 350 bbl/d Production

Petrobakr Petroleum Company announced the commencement of development drilling at the Arta 92 well, targeting a depth of 4,000 feet. The well is expected to begin production at a rate of approximately 350 barrels ...

Chevron to Boost Oil, Gas Production from Two Facilities in Mexico

Chevron Corporation announced that it started water injection operations at two projects at its Jack/St. Malo and Tahiti facilities in the deep water U.S. Gulf of Mexico, to boost oil and natural gas recovery.

El Molla Welcomes The Carlyle Group to the Egyptian Oil, Gas Sector

Minister of Petroleum and Mineral Resources Tarek El Molla has met with James Robert Maguire, Managing Director and Partner at The Carlyle Group; Mathios Rigas, CEO of Energean; and Parminder Singh, Managing Direc ...

Egypt, Venezuela Talked Oil, Gas, Petrochemical Cooperation

During the meeting, potential cooperation opportunities between the two countries in the fields of oil, gas and petrochemicals, were reviewed.

UOG Records Average Production of 1,552 boe/d in H1 2022

United Oil and Gas Company (UOG) has recorded net average oil & gas production of 1,552 barrels of oil equivalent per day (boe/d) during the H1 of 2022..

Ganope’s Oil Production Increases by 10% in FY 2021/22

The Chairman of South Valley Egyptian Petroleum Holding Company (Ganope) Nael Darwish announced that his company succeeded in increasing its reserves by adding 15 million barrels during fiscal year (FY) 2020/21 to ...

Suez Canal Revenues Reach a Record $7B in 2022/21

Suez Canal Authority (SCA) Chairman Osama Rabie announced that navigation data in the Suez Canal’s revenues achieved an unprecedented record during the fiscal year (FY) 2022/21 reaching $7 billion which is the hig ...

Shell Begins Production at PowerNap in Mexico

Shell revealed that it has started production at PowerNap, a subsea development in the US Gulf of Mexico, which is a tie-back to the Olympus production hub in the Mars Corridor.

Eni, Sonatrach Make New Discovery in Zemlet el Arbi Concession

Eni and Sonatrach announced that they have made a landmark oil and associated gas discovery in the Zemlet el Arbi concession, located in the Berkine North Basin in the Algerian desert.

Shell Intends to Withdraw from Russian Oil, Gas

Shell announced that it intends to withdraw from its all-hydrocarbons business in Russia including crude oil, petroleum products, gas and liquefied natural gas (LNG) in a phased manner aligned with new government ...

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