Petroleum Products Consumption Falls by 11.6% YOY
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.
production | Egypt Oil & Gas - Part 54
Egypt Natural Gas Production to Reach 8 bcf/d in FY 2019/20
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 to Invest $50 M in FY 2018/19
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 ...
Agiba Petroleum Produces 45,000 b/d of Crude Oil
The company plans to invest $320 million in fiscal year (FY) 2018/19.
SUCO Produces 23,500 boe/d
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 Produces 105,000 boe/d in Six Months
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.
EGAS to Boost Gas Output to 6.75 bcf/d in January
Natural gas output rates recorded 6.6 bcf/d during the Q4 of 2018.
GPC Targets 79,000 boe/d in FY 2019/20
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 ...
Bapetco to Add 40M boe to Reserves
The increase is aimed to be reached through drilling 71 new exploratory and development wells in 2019/20.
Western Desert Produces 60% of Egypt’s Crude Oil
The recent discoveries in the Western Desert confirms that this region still has undiscovered resources, which will encourage international oil companies (IOCs) to increase their exploration and production (E&P) i ...
