petroleum sector | Egypt Oil & Gas - Part 14

SDX Sells 50% of North West Gemsa License for $3 MM

SDX Energy has announced that it sold 50% working interest in the North West Gemsa license which is located in the Eastern Desert, to Gulf Energy company at for amount of $3 million.

Petrojet Finalizes Berth Project in Damietta

Petrojet has succeeded in completing the implementation and establishment of the fourth container berth at Damietta Port.

El Molla: New 12 Petroleum Agreements Worth $1 B

The Minister of Petroleum and Mineral Resources, Tarek EL Molla, announced that the new 12 petroleum agreements on which the cabinet has approved, worth minimum $1 billion in addition to $19 billion as a signature ...

El Molla Appoints New Security Officials in Petroleum Companies

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued a movement of transfers for general managers and assistants in the Security department of the petroleum companies. This movement is aimin ...

Petroleum Sector Achieves EGP 20 B Surplus in Nine Months

The Deputy Minister of Finance for Financial Policies, Ahmed Kojak, announced that the petroleum sector achieved surplus in the state public budget exceeds EGP 20 billion during the first nine months of the curren ...

South Disouq Raises SDX Production by 117% in Q1 2020

SDX company announced that its entitlement production recorded 8,061 barrel of equivalent per day (boe/d) which is increased by 117% during the first quarter (Q1) of the fiscal year (FY)2020, compared to 3,715 boe ...

Carbon Footprint from Oil, Gas Consumption Declines in FY 2017/18

The Central Agency forPublic Mobilization and Statistics (CAPMAS) announced that the carbon dioxide emissions from the oil and gas consumption declined in the fiscal year (FY) of 2018/17 compared to fy 2016/17.

Egypt Implements 326 Petroleum, Mineral Resources Projects in Seven Years

The Ministry of Planning and Economic Development released data stating that the petroleum sector's total number of projects between 2014 and 2021 are estimated to be 326 projects worth EGP 1.1 trillion.

EGAS Renews External Audits of HSE System

The Egyptian Natural Gas Holding (EGAS) succeeded in carrying out the external audits of its health, safety and environment (HSE) management system in cooperation with DNV-GL.

SDX Announces New Commercial Discovery  at Sobhi Well

SDX company announced a new commercial discovery at Sobhi Well which is located in the South Disouq Exploration Permit onshore Nile Delta saying that the well has encountered 108 feet net of high-quality gas- bear ...

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