Petrobel | Egypt Oil & Gas - Part 7

Petrobel’s Business Results for 2015/2016

Egypt-based Balaeim Petroleum Company (Petrobel) invested $948m in oil and gas exploration and operations during the fiscal year 2015/2016. Petrobel’s CEO, Atef Hassan, stated that an amount of $426m of the ment...

Frames Awarded Design, Supply Contract for Zohr Field

ENPPI and Belayim Petroleum Company (Petrobel) have contracted Dutch company, Frames, to design and supply eight sour gas filter coalescers and eight shell and tube heat exchangers to be installed at the El-Gamil Plan...

Egypt’s Oil Sector Evaluated Environmental, Social Impact of Nidoco

Egypt’s oil sector representatives evaluated the environmental and social impact of the development project Nidoco, in the Nooros field in the Nile Delta, west of Abo Madi area. This came in light of the sector&...

Petrobel Discussed Environmental Impact of Zohr

Belayim Petroleum Company (Petrobel) held a community consultation meeting in Port Said to discuss the evaluation of the environmental and social impact of the development of the Zohr field in Shorouk area in the Medi...

Eni to Build Solar Energy Station in South Sinai

The higher committee for the project of renewable solar energy utilization held its first meeting to study Eni’s project to establish a solar energy station for electricity generation with a capacity of 100 MW in Sina...

Schlumberger Wins $170m Zohr Development Contract

The world’s largest oilfield services company, Schlumberger Limited, has declared that its subsidiary, OneSubsea, has won a $170m engineering, procurement and construction contract from Egypt’s Petrobel, to help with ...

Oil Minister Held Third Review Meeting on Zohr

Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla, chaired the third regular committee meeting evaluating the execution phases of the Zohr field project development, Egypt Oil&Gas reported ...

BP, Eni Announce New Gas Discovery in Baltim Region

European oil and gas giants, BP and Eni, announced their latest natural gas reservoir discovery in the Baltim exploration region in Egypt, which is jointly owned by both companies, reported Your Oil and Gas News. Acco...

Oil Minister Evaluated Zohr Operation Developments

Tarek El-Molla, Minister of Petroleum and Mineral Resources, held the second monthly meeting with the higher committee which included the Egyptian Natural Gas Holding Company (EGAS), Egyptian General Petroleum Corpora...

Petrobel to Complete Zohr First Stage by 2017

Petro Shorouk, the subsidiary of Petrobel, which will be tasked to complete the first stage of development of the Zohr Field by the end of 2017, is near official formation, Daily News Egypt reports. The drill ship Sai...

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