production | Egypt Oil & Gas - Part 53
Abu Qir Petroleum Allocates $190 M Investments in FY 2019/20 Budget
Abu Qir Petroleum Company allocated $190 million investments in its budget for fiscal year (FY) 2019/20, said Mohamed Abdel Sallam, Chairman and Managing Director of the company, Egypt Oil & Gas reports. The compa...
Khalda Petroleum Allocates $747 M Investments for 2019/20
Khalda Petroleum Company has allocated $747 million of investments in the budget for fiscal year (FY) 2019/20, said the company’s General Manager, Khaled Mowafy, Egypt Oil & Gas reports. The company plans to...
Qarun Petroleum to Invest $238 M in 2019/20
Qarun Petroleum Company plans to invest $238 million during fiscal year (FY) 2019/20, increasing by 30% compared to last year, said the company’s chairman, Ashraf Abdel Gawad, Egypt Oil & Gas reports. The co...
Petrobel Allocates $1.2 B for Zohr Development
Belayim Petroleum Company (Petrobel) has committed $1.2 billion of its annual budget for the development of Zohr, said company chairman Atef Hassan, Egypt Oil & Gas reports. The company has an ambitious plan to pr...
Egypt to Boost Natural Gas Production by 400 mmscf/d
Egypt plans to increase natural gas production by 400 million standard cubic feet (mmscf/d) within the upcoming three days, said Tarek El Molla, Minister of Petroleum, according to Reuters. The output is expected to i...
Egypt Consumes 1 M tons of Diesel in January
Egypt’s different sectors consumed between 1 and 1.1 million tons of diesel during January 2019, Head of the Egyptian General Petroleum Corporation (EGPC), Abed Ezz El Regal, told Amwal Al Ghad. Meanwhile, the c... Egypt to Double Natural Gas Output in 2020
Egypt targets increasing natural gas production by 100% in 2020 compared to output in 2015/16 upon adding full production of Zohr, West Delta, Atoll and Nooros. The four projects are being conducted and added to produ... Egypt to Develop 11 Oil and Gas Projects in FY 2019/20
Egypt plans to develop and operate 11 exploration and production (E&P) projects in the oil and gas field during fiscal year (FY) 2019/20 to be in the deep waters of the Mediterranean Sea, the Gulf of Suez, Delta a...
