Petrobel | Egypt Oil & Gas - Part 3

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).

Zohr Production Reaches 2.7 bcf/d

Tarek El Molla, the Minister of Petroleum, announced that the production capacity of Zohr gas field has raised to 2.7 billion cubic feet per day (bcf/d), five months before the scheduled date.

Petrobel Announces New Gas Discovery in Nile Delta

Belayim Petroleum Company (Petrobel) announced that it has achieved a new natural gas discovery in the Nile Delta concession area.

Petroleum Sector Blood Donation Campaign Sees Huge Turnout

The Egyptian petroleum sector’s first nationwide blood donation campaign has witnessed remarkable participation, with 4,426 donors lining up in 78 company premises and 13 fields across nine governorates.

Egypt Announces New Oil Discovery in Sinai

Petrobel plans to drill 10 developmental wells with a crude oil production rate of around 3,000 barrels per day (b/d).

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