petroleum sector | Egypt Oil & Gas - Part 14
El Molla: Petroleum Sector Contributes 27% of GDP
The Minister of Petroleum and Mineral Resources, Tarek El Molla, said the Egyptian petroleum sector achieved unprecedented production rates of natural gas, noting that that petroleum sector achieved %27 of the gross d...
El Molla Follows up on Natural Gas Delivery Projects
The Minister of Petroleum and Mineral Resources, Tarek El Molla, followed up on the national natural gas delivery project, referring to the petroleum sector’s success in doubling natural gas delivery to reach 2....
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, a private Egyptian oil and gas company, for an amount of $3 million, a...
Petrojet Finalizes Berth Project in Damietta
Petrojet has succeeded in completing the implementation and establishment of the fourth container berth at Damietta Port, according to a statement issued by the official Facebook page of the company. The company elabo...
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 which were approved by the cabinet , are worth a minimum of $1 billion in addition to a $19 million sign... 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 aiming at...
Petroleum Sector Achieves EGP 20 B Surplus in Nine Months
The Deputy Minister of Finance for Financial Policies, Ahmed Kojak, said that petroleum sector achieved a surplus in the state’s public budget exceeding EGP 20 billion during the first nine months of the current...
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 Q1 2020, compared to 3,715 boe/d produced in Q1 2019 despite coronavirus outb...
