Petrobel
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Petrobel, Petro Shorouk Excel in HSE to Maintain Zohr Operations
Wednesday, 17th February 2021
The Minister of Petroleum and Mineral Resources, Tarek El Molla, praised the success and the achievements of the Zohr Field and its impact on Egypt.
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El Molla Issues New Transfers
Sunday, 3rd January 2021
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued a new transfers movement among the petroleum companies.
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Zohr’s Daily Production Exceeds 3 bcf
Monday, 7th September 2020
Zohr field’s production capacity now exceeds 3 billion cubic feet per day (bcf/f), representing 40% of Egypt's total natural gas production.
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PMS, Deep Tech Develop Emergency Plan for Zohr
Monday, 10th August 2020
Petroleum Marine Services (PMS) alongside Deep Tech led an engineering alliance to develop a rapid emergency intervention plan for the Zohr project at a depth of 1,500 meters below sea level.
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Petrobel, Shelf Drilling Terminate Trident 16 Contract
Monday, 22nd June 2020
Belayim Petroleum Company (Petrobel) has submitted an early termination of the Trident 16 contract with Shelf Drilling.
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Petrobel Extends Shelf Drilling Contract
Tuesday, 10th March 2020
Belayim Petroleum Company (Petrobel) allowed a one-year extension for Shelf Drilling contract for Trident 16 jack-up rig.
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Two New Wells in Baltim Begin Production with 190 mcf/d
Tuesday, 5th November 2019
The exploration wells, Baltim Southwest-1 and Baltim Southwest-2, in the Nile Delta region began production with a rate of about 190 million cubic feet per day (mcf/d) and about 1,300 barrels of condensate per day.
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Eni: New Resources Discovered in Offshore Gulf of Suez
Sunday, 27th October 2019
Eni announced the discovery of new resources in the Abu Rudeis Sidri development lease in the Gulf of Suez, where Petrobel, equally held by Eni and the Egyptian General Petroleum Corporation (EGPC), drilled an appraisal well of the discovery of Sidri South last July.
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MOC 2019 Announces Abstract Winners
Sunday, 20th October 2019
As the Mediterranean Offshore Conference and Exhibition (MOC 2019) comprised a number of abstracts and presentations from international oil companies (IOCs), Osama El Bakly, Chairman of Egyptian Natural Gas Holding Company (EGAS) and Chairman of MOC 2019, took the chance to honor five of the best research papers.
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Zohr Total Investments Reach $10.6 B
Wednesday, 28th August 2019
Zohr field’s total investments reached $10.6 billion, of which $3 billion were injected in fiscal year (FY) 2018/2019 after the field reached a production level of 2.7 billion cubic feet per day (bcf/d).
Latest News
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El Molla Showcases Ramallah Visit Results Before Cabinet
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Wintershall Dea Records High production level of 650,000 boe/d in Q4 2020
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Hungary Considers Importing Natural Gas from Egypt
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Egypt, Palestine to Develop Gaza Gas Field
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 63.71 | +0.78% |
Crude Oil (Brent) Brent | USD/bbl | 67.62 | +0.87% |
NYMEX Natural Gas | USD/MMBtu | 2.85 | -0.87% |
OPEC Basket Price | USD/bbl | 63.73 | +2.79% |
Last Modified February 25, 2021