Petrobel | Egypt Oil & Gas - Part 8

EGPC to Issue Tender for 3 Rigs

Egypt Oil & Gas (EOG) learned that EGPC will issue a tender before the end of this year to lease 3 rigs. The rigs are to drill 5 new wells operated by Petrobel and Khalda in the Western Desert.

Petrobel to Increase its Production Levels

Sherif Ismail, Minister of Petroleum and Mineral Resources received a report from Atef Hassan, head of Belayim Oil Company (Petrobel) about the company’s new strategy to maximize the country’s petroleum wealth, in its...

Egyptian Petroleum Ministry Announces Increased Production by Petrobel

Press Release, In light of the petroleum sector’s policy of speedy execution of new natural gas field development projects and linking them to production to meet the growing needs for domestic consumption, the fourth ...

Petrobel Expands Well Portfolio

Belayim Petroleum Company (Petrobel) has concluded drilling operations for two new developmental wells, the 113-M-113 well and the EBLS-2 well in adherence to its drilling plan for the 2011-2012 fiscal year. The 113-M...

Petrobel Drills Two New Developmental Wells

Belayim Petroleum Company (Petrobel) has concluded the drilling of two new developmental wells in fulfillment of the company’s 2011-2012 drilling plan. The 112-143 well is an oil-producing well located in the Pe...

Petrobel drills new developmental well in Sinai

Belayim Petroleum Company (Petrobel) announced the successful drilling of a new developmental well in its concession area of the Sinai Peninsula. The new 113-181 well was drilled in consistence with the company’s 2011...

Steady production rate for Petrobel

Belayim Petroleum Company (Petrobel) witnessed a steady production rate over the last quarter of 2011. The company concluded the year with the drilling of two wells, one exploratory and one development. The first expl...

New Oil Discovery in Sinai by Petrobel

Belayim Petroleum Company (Petrobel) made a new oil discovery in Sinai, announced the Ministry of Petroleum last month. Medhat al-Sayyed, Petrobel Chairman said the output of the newly discovered well already reached ...

Petrobel leads a busy drilling schedule

Balayim Petroleum Company (Petrobel) is heading further with its 2011/2012 plan by the drilling of two development wells and another exploratory one, in Sinai and the Mediterranean areas respectively. The two developm...

Petrobel to drill new exploratory well

Petrobel commenced the drilling of an exploratory well in its concession area in the Gulf of Suez, according to the Q4 plan of the fiscal year of 2010-2011. The total drilling investment of the new exploratory well co...

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