operational results | Egypt Oil & Gas - Part 6

operational results | Egypt Oil & Gas - Part 6

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

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 ...

ECHEM Adds Seven New Projects to 2020-2035 Petrochemical Plan

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

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 desp ...

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

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 Safwa Report Startling Results

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 dis ...

South Disouq Raises SDX Production by 117% in Q1 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 ...

BP Profits Drop to $0.8 B in Q1 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.

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