petroleum sector | Egypt Oil & Gas - Part 13

El Molla Highlights EMGF Achievements in Washington

During his participation in a round table for business leaders in Washington, Minister of petroleum and Mineral Resources, Tarek El Molla, showcased the latest updates of the regional cooperation in natural gas hi ...

Maersk Awarded Drilling Contract in Egypt

Maersk Drilling company announced that it has been awarded a contract for the semi-submersible rig Maersk Discoverer offshore Egypt estimated at around $3.8 million.

ECHEM Considers Issuing 1 B Instrumentation Program

The Egyptian Petrochemicals Holding Company (ECHEM) studies issuing instruments worth EGP1 billion in the aim to diversify its funding mechanisms to finance projects as well as its shares in the subsidiaries.

SDX Provides Update on Drilling Operations in Egypt

SDX Energy Plc the MENA-focused oil and gas company, provided an update on drilling operations in Egypt.

ENOC Signs MoU with Egyptian Lubricant Manufacturers

ENOC Misr, a joint venture between Proserv Group and the Emirates National Oil Company (ENOC), signed a memorandum of understanding (MoU) with the lubricant manufacturers to evaluate blending and manufacturing ENO ...

Madbouly Supports Chilean Investments in Egypt

Prime Minister Moustafa Madbouly expressed the government full support to the Chilean investments in Egypt, represented in ENAP Petroleum Company.

Bilateral Chamber’s Visionary Leadership Award to Go to El Molla

The Bilateral Chamber announced that it will honor the Minister of Petroleum and Mineral Resources, Tarek EL Molla, with the 2020 Visionary Leadership Award during the 24th edition of the Annual Private VIP Board ...

Dana Gas Boosts Core Operations Net Profits by 80% YoY in 2019

Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, announced on February 12 achieving a surge in its net profits by 80%, reaching $115 million in 2019, compared to $64 million in ...

GUPCO Targets Production of 77,000 BBL/D in FY 2020\21

The Gulf of Suez Petroleum Company (GUPCO) has approved a budget of around $543 million to achieve a production rate of around 77,000 barrels per day of crude oil (bbl/d) in Fiscal Year (FY) 2020\21, GUPCO Chairma ...

SDX Energy to Drill Three Wells in Egypt

SDX Energy Plc announced on January 28 that it will start drilling three new wells at South Disouq and West Gharib concessions.

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