Qarun Petroleum Pumps Investments Worth $190 MM in 2019/20
The Chairman of Qarun Petroleum Company, Ashraf Abdel Gawad, said that his company has pumped investments during the fiscal year (FY) of 2019/20 worth $190 million.
production | Egypt Oil & Gas - Part 44
BP: Egypt’s LNG Exports Reach 4.5 bcm in 2019
BP announced that the Egyptian Liquefied Natural Gas (LNG) exports had increased 2.6 billion cubic meters (bcm) recording 4.5 bcm during 2019, while the imports had decreased to 3.2 bcm as the end of 2018 after re ...
GPC Invests $2.5 MM for Developing Abu Sennan Concession
An anonymous petroleum source stated that the total investment of developing Abu Sennan Concession in the Western Desert, which is dependent to the General Petroleum Company, reached to $2.5 million.
Burullus Gas Company to Drill 3 Wells at a Cost of $250 MM
Burullus Gas Company plans to drill three development wells at the West Delta Deep Marine (WDDM) project valued at $250 million.
BAPETCO Produces 114,000 bbloe/d During FY 2019/20
The Chairman of Badr El Din Petroleum company (BAPETCO), Salah Abdel Kerim said that the rate of production of his company reached 114,000 barrels of oil equivalent per day (boe/d) including more than 38 barrels o ...
SDX H1 2020 Production Surge by 97% YoY
SDX’s South Disouq and West Gharib production in H1 2020 exceeded the company’s 2020 guidance with 6,980 barrels of oil equivalent per day (bbloe/d), noting a 97% increase than H1 2019.
Irani Nirouhlor’s Exports Reach 5,000 Tons Despite Coronavirus
The CEO of Nirouchlor Company, Vahid Namnik, said that the comoany’s exports to Europe reached to 5,000 tons despite the restrictions imposed due to coronavirus.
NOC Posts Export Revenues of $45 MM for June
The National Oil Corporation (NOC) has posted export revenues of $45.5 million for crude oil, gas, and condensates in June, which is the lowest figures from the year so far.
Petrobras’ Production Decreases in Q2
Brazil’s state-run oil company, Petrobras, has published its Q2 2020 results, indicating a slow down in production compared to Q1 2020.
Norway’s June Production Figures 4.1% Lower than Expected
Norwegian Petroleum Directorate (NPD) has announced that Norway failed to reach the original production figures for June by 4.1%.
