planning budget

  • Khalda, Qarun to Invest $1 b in Western Desert During 2021/22

    Khalda, Qarun to Invest $1 b in Western Desert During 2021/22

    Wednesday, 28th April 2021

    Khalda Petroleum Company and Qarun Petroleum Company announced that they will pump around $1 billion investments in the Western Desert during the fiscal year (FY) 2021/2022, as Khalda targets to invest $830 million while Qarun will invest $252 million in different oil and gas relevant activities

  • EGAS: Natural Gas Production to Reach 7.2 bcf/d

    EGAS: Natural Gas Production to Reach 7.2 bcf/d

    Sunday, 14th March 2021

    The Egyptian Natural Gas Holding Company (EGAS) announced that it plans to sign three development contracts worth $377.7 million in and complete drilling ten wells in Delta and the Mediterranean (FY) 2021/2022.

  • GUPCO to Invest $562 MM in FY 2020/21

    GUPCO to Invest $562 MM in FY 2020/21

    Wednesday, 3rd March 2021

    The Chairman of Gulf of Suez Petroleum Company (GUPCO), Mohamed El Meligy, stated that the company has allocated $562 million its planning budget for the fiscal year (FY) 2020/2021 for investments to implement projects in its fields.

  • Egyptian Electricity Holding Targets EGP 32.4 Billion Investments in 2020/21

    Egyptian Electricity Holding Targets EGP 32.4 Billion Investments in 2020/21

    Monday, 1st June 2020

    The chairman of Egyptian Electricity Holding Company, Gaber Desouki, announced that his company is targeting implementing EGP 32.4 billion investment projects during the fiscal year (FY) of 2020/2021.

  • EGAS to Sign Seven Agreements Worth $690 MM in FY 2020/21

    EGAS to Sign Seven Agreements Worth $690 MM in FY 2020/21

    Thursday, 27th February 2020

    the Egyptian Natural Gas Holding Company (EGAS) targets to sign seven agreements with a cost of $690 million and a signature bonus estimated at $16 million, EGAS Chairman Osama El Bakly said while discussing the company's planning budget for Fiscal Year (FY) 2020/21.

  • Ganope to Boost Petroleum Production by 17%

    Ganope to Boost Petroleum Production by 17%

    Monday, 24th February 2020

    Ganoub El Wadi Petroleum Holding Company (Ganope) is targeting to raise its petroleum production by 17% in its Fiscal Year (FY) 2020/21 plan

  • El Molla Reviews Rashpetco’s Budget for FY 2019/20- 2020/21

    El Molla Reviews Rashpetco’s Budget for FY 2019/20- 2020/21

    Monday, 17th February 2020

    The Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla, headed Rashpetco’s general assembly meeting to review the amended planning budget of Fiscal Year (FY) 2019/20 and the planning budget for FY 2020/21.