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
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").
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.
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.
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.
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.
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.
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.
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.
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.