production | Egypt Oil & Gas - Part 18

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 in Egypt during 2023, according to results submitted to the London Stock Exchange. This comes as three wells were put on production...

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). The meeting witnessed a review of the company’s busines...

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 in investments during the fiscal year (FY) 2024/25 targeting daily production rates of 30,000 barrels of oil...

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

During the general assembly of the Pharaonic Petroleum Company, Minister of Petroleum and Mineral Resources Tarek El Molla has highlighted the importance of focusing on drilling new exploratory wells to search for nat...

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 fiscal ye...

Ministries Join Forces to Launch Green Aviation Initiative

Minister of Petroleum and Mineral Resources, Tarek El Molla, convened a meeting at the Ministry‘s headquarters in the New Administrative Capital to discuss the production of sustainable aviation fuel (SAF). Join...

Sidpec Achieves 105% of Production Plan in 2023

Minister of Petroleum and Mineral Resources Tarek El Molla chaired the general assembly meeting of the Sidi Kerir Petrochemicals Company (Sidpec) to approve the results of its work for the year 2023. Sidpec’s Chairman...

IPR to Invest $110M in Drilling New Wells in Alamein, Fayoum

Minister of Petroleum and Mineral Resources Tarek El Molla and Chairman of IPR Mahmoud Dabbous held a meeting to discuss the company’s results and latest projects on the sidelines of EGYPES 2024. Dabbous also announce...

Mediterra Eyes 26,000 bbl/d Production Boom in Egypt

Minister of Petroleum and Mineral Resources Tarek El Molla has met with a delegation from Canada’s Mediterra Energy Corporation, headed by the company’s CEO and President Memet Kont. The meeting reviewed t...

Petromaint Successfully Implements PVC Reactor for ECHEM

Petromaint company announced that it has successfully implemented and delivered the project of designing, supplying, installation and operation of the fifth polymerization reactor (PVC) at Egyptian Petrochemicals Hold...

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