El Noubi: GPC Produced 33 mboe in FY 2017/18
The General Petroleum Company (GPC) produced 33 million barrels of oil equivalent (boe) during fiscal year (FY) 2017/18.
The General Petroleum Company (GPC) produced 33 million barrels of oil equivalent (boe) during fiscal year (FY) 2017/18.
Badr El Din Petroleum Company's (BAPETCO) production increased to 120 barrels of oil equivalent per day (boe/d) during fiscal year (FY) 2017/18.
Abu Qir Petroleum produced an average 263 million standard cubic feet per day (mmscf/d) of natural gas during fiscal year (FY) 2017/18, a 45% increase from FY 2016/17.
Natural gas output from Zohr has reached 2 billion cubic feet per day (bcf/d) within the first nine months of production.
Production of crude oil, condensates, and butane fell by 2.56% year-on-year (YOY) in June 2018, producing 2.63 million tons compared to 2.69 million tons in June 2017.
Agiba Petroleum Company invested $237 million during fiscal year (FY) 2017/18.
Egyptian natural gas production increased by 19.4% year-on-year (YOY) to reach 3.805 million tons in June 2018, compared to 3.187 million tons in June 2017.
Belayim Petroleum Company (Petrobel) beat its fiscal year 2017/18 crude production targets, pumping 433,000 barrels of oil equivalent per day.
Pharaonic Petroleum Company produced 174 billion cubic feet (bcf) of natural gas and 2.2 million barrels of condensates during fiscal year (FY) 2017/18.
The Gulf of Suez Petroleum Company's (GUPCO) produced an average of 71,000 barrels per day (b/d) of crude oil and condensates in fiscal year (FY) 2017/18 from its field in the Gulf of Suez.