Petrobel | Egypt Oil & Gas - Part 4
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, which could h...
Egypt Announces New Oil Discovery in Sinai
Belayim Petroleum Company (Petrobel) has achieved a new oil discovery in the Abu Rudeis concession area in Sinai, Egypt Oil & Gas reports. Petrobel drilled an exploration well through which it was able to reach a ...
Baltim Field to Add 500 mmscf/d of Natural Gas
Belayim Petroleum Company (Petrobel) is working on expediting the production of Baltim field, adding 500 million standard cubic feet per day (mmscf/d) of natural gas, a source at the company told Amwal Al Ghad. Develo...
Petrobel Allocates $1.2 B for Zohr Development
Belayim Petroleum Company (Petrobel) has committed $1.2 billion of its annual budget for the development of Zohr, said company chairman Atef Hassan, Egypt Oil & Gas reports. The company has an ambitious plan to pr...
Petrobel Awards Rig Contractor to Shelf Drilling
Belayim Petroleum Company (Petrobel) awarded a contract for one of Shelf Drilling’s jack-up rigs to operate in the Gulf of Suez, Offshore Energy Magazine reported. The one year contract of the Trident 16 jack-up...
Saipem to Conduct $1.2 B Worth EPCI Project in Zohr
Saipem is in talks with Belayim Petroleum Company (Petrobel) over a $1.2 billion worth offshore contract addendum for an engineering, procurement, construction and installation (EPCI) project for Zohr field’s ra...
Petrobel Beats FY 2017/18 Production Targets
Belayim Petroleum Company (Petrobel) beat its fiscal year (FY) 2017/18 crude production targets, pumping 433,000 barrels of oil equivalent per day, Egypt Oil & Gas reports. The figures were revealed by Petrobel he...
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, Egypt Oil & Gas reports. Company head Atef Hassan said that the newly-drilled wells include 30 wel...
