Egyptian Butane Production Increases by 12.42% YOY
Egyptian butane output grew by 12.42% YOY, reaching 153,000 tons in November 2018 compared to 136,100 produced in November 2017.
Egyptian butane output grew by 12.42% YOY, reaching 153,000 tons in November 2018 compared to 136,100 produced in November 2017.
Egypt’s natural gas output increased by 30.35% YOY reaching 4.067 million tons in November 2018, up from 3.12 million tons produced in November 2017.
Egypt’s consumption of petroleum products dropped by around 11.6% YOY in November 2018 to 2.542 million tons, compared to 2.877 million tons in November 2017.
Egypt's natural gas production is expected to reach 8 bcf/d during FY 2019/20 due to completing and operating natural gas development projects.
Petrogulf Corporation plans to invest $50 million in fiscal year (FY) 2018/19, as the company is conducting a program that includes a number of projects to boost infrastructure efficiency and to rehabilitate, rene ...
The company plans to invest $320 million in fiscal year (FY) 2018/19.
Suez Oil Company (SUCO) is implementing an ambitious program to boost production of the four fields; Desouq, Ras Badran, El Zeit Guf, and Ras Fanar to reach around 38,000 boe/d.
Pharaonic Petroleum Company successfully produced 105,000 barrels of oil equivalent per day (boe/d) from Atoll and Ras El Bar fields during the first half of fiscal year (FY) 2018/19.
Natural gas output rates recorded 6.6 bcf/d during the Q4 of 2018.
The increase will be achieved according to the company's plan to drill 38 exploratory and development wells, and to complete 13 other wells in its concessions. The company further seeks drilling 19 exploratory and ...