production | Egypt Oil & Gas

Dana Gas Eyes Exploration Opportunities After Egyptian Deal, Despite Q1 Production Dip

The company has produced 18,150 barrels of oil equivalent per day (boe/d) during Q1 2024, divided into 88 million standard cubic feet (MMscf) of gas; 1,800 barrels per day (bbl/d) of condensate and 140 metric tons ...

Madbouly Visits MOPCO Factory During Port Said, Damietta Tour

As part of his visit to the governorates of Port Said and Damietta, Prime Minister Mostafa Madbouly has inspected the Misr Fertilizers Production Company's (MOPCO) factory.

New Wells in Burullus Gas Fields to Receive $575M in Investments

The modernization of Burullus gas fields, especially the Phase-9B fields that make a main contribution to production. Samir further mentioned that Phase-10 and Phase-11 are set to have six development wells drille ...

Wadico Total Activity Revenues Reached EGP 712M in 2023

The New Valley Company for Mineral Resources and Oil Clay (Wadico) has held its general assembly meeting to approve the results of the work for the year 2023.

Pharos Energy’s Oil Production from Egypt Reaches 1,381 bbl/d in 2023

Pharos Energy plc has announced that it produced 1,381 barrels per day (bbl/d) of oil during 2023, according to results submitted to the London Stock Exchange.

ETHYDCO Revenues Grow by 34% in 2023

Minister of Petroleum and Mineral Resources Tarek El Molla has witnessed the general assembly meeting of the Egyptian Ethylene and Derivatives Company (ETHYDCO).

Agiba Petroleum to Pump Investments Worth $500M During FY 2024/25

The Chairman of Agiba Petroleum Company Tharwat Gindy has stated that the company plans to pump $500 million during the fiscal year (FY) 2024/25 targeting daily production rates of 30,000 barrels of oil and 119 mi ...

Pharaonic Petroleum’s Natural Gas Production Reaches 400 mcf/d in H1 2023/24

The company’s Chairman Hossam Zaki indicated its success in achieving daily production rates during the first half of the fiscal year 2023/24, estimated at approximately 400 million cubic feet (mcf/d) of gas per d ...

EGAS to Establish Seven Projects, Adding 20 Developmental Wells to the Production Line During FY 2024/25

Egyptian Natural Gas Holding Company (EGAS) Chairman Magdy Galal has announced that his company aims to establish seven developmental projects and put 20 developmental wells on the production line during the fisca ...

Ministries Join Forces to Launch Green Aviation Initiative

Ministers of Petroleum and Mineral Resources Tarek El Molla has held a meeting with other Egyptian ministers at the headquarters of the Ministry of Petroleum and Mineral Resources (MoPMR) in the New Administrative ...

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