operational results

  • Wintershall Dea Produces 659 mmboe/d in Q1 2021

    Wintershall Dea Produces 659 mmboe/d in Q1 2021

    Tuesday, 27th April 2021

    Wintershall Dea announced that it has recorded production of 659 million barrel of oil equivalent per day (mmboe/d) during the Q1 of 2021, which will allow the achievement of the full year guidance of 620-640 mmboe/d

  • Energean Announces 2020 Financial and Operating Results

    Energean Announces 2020 Financial and Operating Results

    Thursday, 22nd April 2021

    Energean Oil and Gas plc ,the oil and gas producer focused on the Mediterranean, is pleased to announce its audited full-year results for the year ended 31 December 2020 ("FY 2020").

  • EDC’s Onshore Market share Increases 80% in 2020

    EDC’s Onshore Market share Increases 80% in 2020

    Tuesday, 6th April 2021

    The Egyptian Drilling Company (EDC) has announced that it managed to increase it market share within the onshore drilling market by 80% during 2020 despite the challenges of the pandemic compared to 60% in 2019.

  • 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.