Petrobel | Egypt Oil & Gas - Part 4

Petrobel Drilled 35 Wells in 2017/18

Belayim Petroleum Company (Petrobel) drilled 35 wells in fiscal year (FY) 2017/18 at a total cost of $179 million.

Balteem Gas Field To Begin Production Mid-2019

Belayim Petroleum Company (Petrobel) and Eni will bring their South Balteem well online by mid-2019, helping the companies to achieve their target of pumping an extra 0.5 billion cubic feet per day of natural gas. ...

El Molla Visits Zohr Field

Minister of Petroleum Tarek El Molla has visited Zohr gas field to follow up on operations and ensure that production will reach 2.7 billion cubic feet per day (bcf/d) in 2019.

El Molla Issues New Promotions

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, issued new transfers and promotions.

Petrobel to Boost Production to 358,000 boe/d

Belayim Petroleum Company (Petrobel) plans to boost average production to reach 358,000 barrels of equivalent per day (boe/d) during FY 2018/2019.

Baker Hughes GE Signs Zohr Contract

Baker Hughes GE signed a contract with Belayim Petroleum Company (Petrobel) to conduct subsea services for the second phase of development at the Zohr natural gas field.

Petrobel Exceeds Gas Production Target

Belayim Petroleum Company (Petrobel) has exceeded its production target for gas by 30% during the current fiscal year.

El Molla Reviews Petrobel, Petro Shorouk Results

Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla chaired the general assemblies of Belayim Petroleum Company (Petrobel) and Petro Shorouk Companies to review the firms’ operations during fiscal ye ...

Petrobel to Perform Maintenance on Abordees Pipeline

Belayim Petroleum Company (Petrobel) announced that the 120-km pipeline connecting Abordees to Ras Gara, north of Mount of Tur, has recently experienced several accidents and theft attempts.

Saipem Awarded Zohr Contract

Belayim Petroleum Company (Petrobel) signed a $900-million contract with Saipem to execute the engineering, procurement, construction and installation (EPCI) activities for the Zohr field's optimized-ramp-up phase.

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