production | Egypt Oil & Gas - Part 10
Fayoum 5 Exploration Well Findings Indicate Potential Natural Gas Discovery by bp in Mediterranean
The initial results of the Fayoum 5 exploration well located in North Alexandria, which is in the west of the Mediterranean, showed the presence of a gas-bearing layer, and electrical recordings are being made in the ...
EGAS Unveils Ambitious Plans for Natural Gas Exploration, Production
During the Egyptian Natural Gas Holding Company’s (EGAS) general assembly meeting, Chairman Yassin Mohamed highlighted the company’s key achievements and future targets for fiscal year (FY) 2024/25 and FY ...
Petrobel Resumes Drilling at Zohr Field, Petroshrouk Targets Producing 144,000 boe/d
Belayim Petroleum Company (Petrobel) Chairman Khaled Mowafy affirmed the resumption of drilling at the Zohr field after the arrival of the Saipem 10000 drilling rig in Egyptian waters to carry out drilling operations ...
Agiba Petroleum Plans to Produce 24,000 bbl/d During FY 2025/26
Agiba Petroleum Company Chairman Tharwat El Gendy stated that the proposed budget of his company for the fiscal year (FY) 2025/26 amounted to $641.3 million with a plan to produce 24,000 barrels of oil per day (bbl/d)...
GUPCO Aims to Produce Up to 70,000 bbl/d in FY 2025/26
Abdul Wahab El-Maghawry, the Chairman and Managing Director of the Gulf of Suez Petroleum Company (GUPCO) announced that the company targets to increase the production rate up to 70,000 barrels per day (bbl/d) within ...
bp Starts Production From Raven Second Development Phase
bp has announced the start of production from the second development phase of the Raven field, offshore Egypt, which involves the subsea tieback of additional Raven infill wells to its existing onshore infrastructure ...
Egypt, Spain Discuss Hydrogen Production Investments Opportunities
Within the framework of his current visit to Spain, Minister of Investment and Foreign Trade, Hassan El Khatib, met with Javier Brey, President of the Spanish Hydrogen Association, and members of the association. The ...
bp to Invest Up to $25B in Kirkuk Fields
bp plans to spend between $20 to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas fields through a profit-sharing agreement that would last more than 25 years, a senior Iraqi oil officia...
