production | Egypt Oil & Gas - Part 44

Abu Qir Fertilizers Produce 24% Above Expectations

Saad Abu Al Maati, the Chairman of Abu Qir Fertilizers and Chemical Industries Company, announced that the production of the company exceeded all expectations during fiscal year (FY) 2019/2020, producing solid fertili...

BGS Completes APC’s Activities, Producing 100,000 bbl/d

BGS Energy Services has completed its pre-commissioning and commissioning activities for the “U-3000 Project” at the Alexandria Petroleum Company (APC) refinery, now operating at its optimal production rate of around ...

South Yaran Oil Field Capacity Reaches 25,000 bbl/d

The daily production capacity of the South Yaran oil field, which Iran shares with Iraq in the West Karoun region, has reached 25,000 barrels per day (bbl/d) following the installation of a mobile oil separator (MOS) ...

Iraq Denies OPEC+ Deal Exemption Reports, Affirms Commitment to Deal 

Iraq has refuted claims that it was seeking an exemption from the OPEC+ reduction pact during Q1 2021 and has reaffirmed its commitment to the deal, according to Reuters. A spokesman on behalf of the Iraqi oil ministr...

Khalda’s Oil Production Average Reaches 145,500 B/D During FY 2019/20

Chairman of Khalda Petroleum Company, Saeed Abdel Moniem, said that the average of the company’s oil and condensates production reached about 145,500 barrels per day (b/d) during the fiscal year (FY) 2019/20, wh...

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, according to a press release. He elaborated that the...

BP: Egypt’s LNG Exports Reach 4.5 bcm in 2019

BP announced that the Egyptian Liquefied Natural Gas (LNG) exports increased 2.6 billion cubic meters (bcm) recording 4.5 bcm during 2019, while the imports decreased to 3.2 bcm by the end of 2018 after recording zero...

GPC Invests $2.5 MM for Developing Abu Sennan Concession

An anonymous petroleum source stated that the total investments for developing Abu Sennan Concession in the Western Desert, which is affiliated to the General Petroleum Company (GPC), reached to $2.5 million, accordin...

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 at a cost of $250 million, according to a press release. Despite the pandemic, the company managed to complete t...

BAPETCO Produces 114,000 bbloe/d During FY 2019/20

The Chairman of Badr El Din Petroleum company (BAPETCO), Salah Abdel Karim said that the production rates of his company during the  fiscal year (FY) 2019/2020 reached 114,000 barrels of oil equivalent per day (bbloe/...

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