petroleum sector | Egypt Oil & Gas - Part 17
SDX Energy to Drill Three Wells in Egypt
SDX Energy Plc announced on January 28 that it plans to commence drilling three new wells at South Disouq and West Gharib concessions, according to the company’s statement. SDX is going to drill two wells at Sou...
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, according to a press release. The H...
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, a ...
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 Youth...
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, Amwal Al Ghad Reported. Th...
El Molla: IOCs’ Arrears Decline to $200 MM
The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced that arrears of the international oil companies (IOCs), decreased to $200 million in comparison of $900 million of June 2019, Al Ahram Gate re...
Edison Starts Drilling North Thekah Concession
Edison Egypt announced that it started drilling operations at its first exploration well in North Thekah concession located in the Egyptian Eastern Mediterranean waters, according to a press release. The company decla...
El Molla Signs Nine E&P Agreements Worth $452 M
The Minister of Petroleum and Mineral Resources, Tarek El Molla, signed nine agreements for exploration and production (E&P) activities in the Mediterranean and the Western Desert with investments worth $452.3 mil...
