Minister of Petroleum and Mineral Resources Tarek El Molla confirmed that the optimization of human cadres as well as assets and equipment have been critical factors in the continued success of petroleum projects impl...
SDX announced that it has achieved average gross production of 38.5 million standard cubic feet per day (mmscf/d) (2,720 barrels of oil equivalent per day (boe/d) net to SDX) from South Disouq concession in addition t...
Minister of Petroleum and Mineral Resources Tarek El Molla has highlighted the key role of Petroleum Safety and Environmental Services Company (PetroSafe) in providing services to help the petroleum sector to increase...
United Oil & Gas (UOG) has produced from its interest in the Abu Sennan license an average of 1,312 barrels of oil equivalent per day (boe/d) in 2022 which came in line with the revised production guidance of 1,30...
United Oil and Gas Company (UOG) has recorded net average oil and gas production of 1,552 barrels of oil equivalent per day (boe/d) during H1 of 2022. Additionally, the company achieved revenues worth $9.8 million in ...
Alexandria Mineral Oils Company (AMOC) Chairman Amr Lotfy announced that his company’s profits have increased by 262% during fiscal year (FY) 2021/22, recording EGP 1 billion compared to EGP 399 million in the last FY...
Abed Ezz El Regal, the Chairman of Abu Qir Fertilizers Company (AFC), declared that his company has achieved growth in its profits worth 158% reaching EGP 9 billion during fiscal year (FY) 2021/22, compared to EGP 3.5...
Hossam Zaki, the Chairman of the Pharaonic Petroleum Company (PhPC), announced that his company has achieved planned production rates by 100%, recording 163 billion cubic feet (bcf) of natural gas sales in addition to...
Petroshrouk Chairman Khaled Mowafy announced that Zohr field achieved record success during fiscal year (FY) 2021/22 since its start in FY 2017/18, with production reaching 2.7 billion cubic feet per day (bcf/d) of na...
SDX Energy announced that it has produced 3,724 barrels of oil equivalent per day (boe/d) during the six months ended in June 2022, which is higher 2% than the mid-point of the full year guidance estimated at 3,480-3 ...