operational results

  • Wintershall Dea Records High production level of 650,000 boe/d in Q4 2020

    Wintershall Dea Records High production level of 650,000 boe/d in Q4 2020

    Wednesday, 24th February 2021

    Wintershall Dea announced that it has achieved the highest level of production during Q4 2020 since the company’s merge, increasing to 650,000 barrels of oil equivalent per day (boe/d) and achieved 623,000 boe/d during the whole 2020, Mario Mehren, CEO of Wintershall Dea.

  • SDX Records 90% Production Increase in Nine Months

    SDX Records 90% Production Increase in Nine Months

    Sunday, 22nd November 2020

    SDX company recorded increase in its production by 90% during the first nine month of fiscal year (FY) 2020 after reaching to 6,646 barrel of equivalent per day (boe/d) compared to 3,501 boe in the same period of 2020.

  • Dana Gas Records Net Profit of $31 MM in Nine Months

    Dana Gas Records Net Profit of $31 MM in Nine Months

    Sunday, 15th November 2020

    Dana Gas Company announced that it generated a net profit of $31 million during the first nine month of 2020 compared to $69 million during the same period of 2019, excluding one-off non-Cash impairments and other income items.

  • ECHEM Adds Seven New Projects to 2020-2035 Petrochemical Plan

    ECHEM Adds Seven New Projects to 2020-2035 Petrochemical Plan

    Tuesday, 15th September 2020

    Saad Helal, the Chairman of Egyptian Petrochemicals Holding Company (ECHEM), stated that his company is rapidly working on implementing number of new projects of its national plan for the period of 2020/2035.

  • GPC Crude Oil Production Exceeds 64,500 bbl/d for the First Time

    GPC Crude Oil Production Exceeds 64,500 bbl/d for the First Time

    Monday, 14th September 2020

    Tarek El Molla, the Minister of Petroleum and Mineral Resources, confirmed his support to the General petroleum company praising its production achievements of oil which exceeded 64,500 b/d for the first time despite the current circumstances of Coronavirus pandemic.

  • Qarun Petroleum Pumps Investments Worth $190 MM in 2019/20

    Qarun Petroleum Pumps Investments Worth $190 MM in 2019/20

    Tuesday, 1st September 2020

    The Chairman of Qarun Petroleum Company, Ashraf Abdel Gawad, said that his company has pumped investments during the fiscal year (FY) of 2019/20 worth $190 million.

  •  Petro Amir, Petro Safe Report  Startling  Results

     Petro Amir, Petro Safe Report Startling Results

    Sunday, 30th August 2020

    Petro Amir Petroleum Company has announced that its achieved 102% of the set plan targeting to increase the production by drilling developmental well (Gyad 7) with investments $2 million in addition to another discovery one worth $3 million.

  • South Disouq Raises SDX Production by 117% in Q1 2020

    South Disouq Raises SDX Production by 117% in Q1 2020

    Thursday, 21st May 2020

    SDX company announced that its entitlement production recorded 8,061 barrel of equivalent per day (boe/d) which is increased by 117% during the first quarter (Q1) of the fiscal year (FY)2020, compared to 3,715 boe/d produced in Q1 of FY 2019 despite coronavirus outbreak.

  • BP Profits Drop to $0.8 B in Q1 2020

    BP Profits Drop to $0.8 B in Q1 2020

    Tuesday, 28th April 2020

    BP announced that it recorded a drop in its underlying replacement cost profit for Q1 2020 to $800 million, down from $2.4 billion in the same period in 2019.