petroleum sector | Egypt Oil & Gas - Part 16

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.

El Molla Reviews Natural Gas Delivery in Port Said

The Minister of Petroleum and Mineral Resources, Tarek El Molla, followed up on the updates of delivering natural gas to the housing units in Port said during his visit to the city.

El Molla launches Two New Oil Tankers

The Minister of Petroleum and Mineral Resources, Tarek El Molla, accompanied by Adel El-Ghadban, Port Said's Governor, launched two new oil tankers (Egypt 2,3) to supply ships with fuel in the Port Said Port, with ...

El Molla Inaugurates First Integrated Fuel Station

The Minister of Petroleum and Mineral resources, Tarek El Molla, inaugurated the first integrated fuel station for supplying fuel, natural gas and electricity at Port Said city, in the presence of the Minster of Y ...

Crude Oil Imports Drop $280 MM YOY

The cost of the sector's total crude oil imports decreased in the first 10 months of 2019 to $1.29 billion, compared to $1.6 billion in 2018, a $280 million year-on-year (YOY) decline.

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