Petrobel | Egypt Oil & Gas - Part 2

El Molla Issues New Transfers

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued a new transfers movement among the petroleum companies.

Zohr’s Daily Production Exceeds 3 bcf

Zohr field’s production capacity now exceeds 3 billion cubic feet per day (bcf/f), representing 40% of Egypt's total natural gas production.

PMS, Deep Tech Develop Emergency Plan for Zohr

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.

Petrobel, Shelf Drilling Terminate Trident 16 Contract 

Belayim Petroleum Company (Petrobel) has submitted an early termination of the Trident 16 contract with Shelf Drilling.

Petrobel Extends Shelf Drilling Contract

Belayim Petroleum Company (Petrobel) allowed a one-year extension for Shelf Drilling contract for Trident 16 jack-up rig.

Two New Wells in Baltim Begin Production with 190 mcf/d

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 ...

Eni: New Resources Discovered in Offshore Gulf of Suez

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 app ...

MOC 2019 Announces Abstract Winners

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 Holdin ...

Zohr Total Investments Reach $10.6 B

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).

Petrobel Sets New Production Record with Milestone Achievements

The average production of Belayim Petroleum Company (Petrobel) has exceeded a record 803,000 barrels of oil equivalent per day (boe/d).

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