Egypt Takes Measures to Ramp Up Production Amid Global Oil Price Hikes

• Friday, 13th May 2022
• by Israa Ibrahim

In the nation’s effort to reduce the economic fallout of skyrocketing oil prices, Minister of Petroleum and Mineral Resources Tarek El Molla stressed the importance of increasing crude oil and natural gas produc...

Gempetco’s Production Exceeds 8,000 bbl/d

• Wednesday, 7th October 2020
• by Editorial Team

After completing the new development well A-15, Gemsa Petroleum Company’s (Gempetco) production exceeded 8,000 barrels per day (bbl/d) from both Zafarana and Gemsa fields, according to the General Trade Union of Petro...

Abu Sennan Production Increases by 69% in June

• Thursday, 25th June 2020
• by Editorial Team

United Oil & Gas’ (UOG) Abu Sennan concession has exceeded the company’s pre-completion expectation with a production rate of 13,900 barrels of oil equivalent per day (boe/d) during the first half of June. T...

El Molla Initials Contracts with Winners of Red Sea Bid Round

• Sunday, 31st May 2020
• by Editorial Team

Minister of Petroleum and Mineral Resources Tarek El Molla announce the initial signing with the winning companies of the Red Sea bid round. Currently, legislative measures are being taken to submit a proposal to the ...

El Molla Reviews Current Oil Production Rates

• Monday, 11th May 2020
• by Fatma Ahmed

The Minister of Petroleum and Mineral Resources, Tarek El Molla,  stressed the importance of revising the production plans during the current situation as well as increasing the performance efficiency and achieving th...

El Molla Reviews Crude Oil Production Rates

• Wednesday, 5th February 2020
• by Editorial Team

Tarek El Molla, Minister of Petroleum and Mineral Resources, reviewed the production rate of crude oil in the fiscal year (FY) 2019/20 and plans for the production increase during a meeting with the ministry’s officia...

GUPCO Follows Up on Ras Shouqair’s Production Processes

• Sunday, 20th October 2019
• by Editorial Team

Khaled Hemdan, the Gulf of Suez Petroleum Company’s (GUPCO) Chairman, went to Ras Shouqair on a visit to follow up on the production processes and be updated about the company’s plans to raise Ras Shouqair’s pro...

Egypt to Invest $17m in Gas Developments

• Monday, 9th January 2017
• by Sarah Samir

The Egyptian Ministry of Petroleum and Mineral Resources will execute 11 development projects for $17.5m. The projects aim to develop gas fields in cooperation with foreign partners in order to compensate the natural ...

GUPCO’s Production Rates Exceed 84,000b/d in 2015

• Wednesday, 6th April 2016
• by Egypt Oil & Gas

Gulf of Suez Petroleum Company (GUPCO) has managed to increase its production rates to more than 84,000b/d in 2015, which amounts to 95,000boe, a company official told Egypt Oil&Gas, adding that the average produc...

5288 Extra Barrels of Crude Oil Discovered in 2015

• Tuesday, 28th July 2015
• by Egypt Oil & Gas

Crude oil and derivatives production rates from new petroleum discoveries made during the period from January to July totaled in at 5288 b/d in the Abu Sinnan (located in the Western Desert) and Gharb Ish Al-Malaha co...