production | Egypt Oil & Gas - Part 27
Zaki: SCZone to Implement Hydrogen Projects Soon
Chairman of the Suez Canal Economic Zone Authority (SCZone) Yehia Zaki said that the SCZone will meet with representatives from hydrogen companies whom it signed memoranda of understanding (MoUs) with to implement gre...
Egypt Produces 597M Tons of Petroleum Products in Eight Years
In an announcement about its important milestones from July 2014 to June 2022, the Ministry of Petroleum and Mineral Resources stated that Egypt’s total production of petroleum throughout the past eight years am...
Gazprom Production Reaches 211.4 bcm in First Five Months of 2022
Gazprom announced that it produced 211.4 billion cubic meters (bcm) of gas between January and May 2022, according to its most recent figures. In comparison with the same period last year, this represents a decrease ...
Capricorn’s Egypt Onshore Gas Fields to Have Second Biggest Production, Reserves Share in Merger with Tullow Oil
Capricorn Energy finalized an agreement with Tullow Oil to merge in an all-stock deal worth $826.7 million, in which its Egyptian onshore gas fields will have the second biggest share in production, according to Reute...
SDX’s Q1 2022 Production 17% Higher Than Expectations
SDX Energy announced that its production has reached 4,017 barrels of oil equivalent per day (boe/d) during Q1 of 2022, which is 17% higher than the mid-point guidance of 3,425 boe/d due to high production levels in S...
SDX Initiates Spudding of the Fourth Well in Meseda Field
SDX Energy announced that it has started spudding MSD-24 infill development well located in the Meseda field. This well is the fourth in its development drilling campaign comprising 13 wells on the Meseda and Rabul oi...
Dana Gas Net Profits Leap by 125% YoY
In its quarterly report, Dana Gas, the Middle East’s largest natural gas company, announced that its net profit increased by 125% in Q1 2022, reaching $54 million (AED 198 million) or 2.8 fils per share, compare...
UOG’s 2022 Egypt Output to Average Between 1,500-1,650 boe/d
In its announcement of the audited results for 2021, United Oil & Gas (UOG) stated that its working interest output in Egypt for 2022 is expected to average between 1,500 – 1,650 barrels of oil equivalent pe...
