Qarun Petroleum Company | Egypt Oil & Gas

Pharos’s Interim Results Signal Return to Free Cash Flow

Pharos's President and CEO Ed Story announced that the signing of the Egyptian farm-out and The Infill Development Programme in Vietnam indicate that the medium-term outlook for the Company is a return to free cas ...

Khalda, Qarun to Invest $1 b in Western Desert During 2021/22

Khalda Petroleum Company and Qarun Petroleum Company announced that they will pump around $1 billion investments in the Western Desert during the fiscal year (FY) 2021/2022, as Khalda targets to invest $830 millio ...

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.

El Molla Issues ICT Reshuffles in Petroleum Companies

Tarek El Molla, Minister of Petroleum and Mineral Resources issued a movement of transfers for managers and assistants of the information and communications technology (ICT) department. The reshuffling aims to sup ...

El Molla Reviews Qarun Budget for FY 2019/20 -2020/21

The Minister of Petroleum and Mineral Resources, Tarek El Molla, headed the general assembly meeting of Qarun Petroleum Company to review the adjusted budget for Fiscal Year (FY) 2019/20, and the planning budget f ...

Ministry of Petroleum Announces 10 New Exploration Wells in Western Desert

The Ministry of Petroleum and Mineral Resources announced 10 new exploration wells in the Western Desert in the East Bahareya Extended Area 3, with an average daily production of 5,000 barrels of oil equivalent pe ...

Qarun Petroleum to Invest $190m

Qarun Petroleum Company plans to allocate $190m investments in its budget of fiscal year 2017/2018.

Qarun drilled the KNW-3

Qarun Petroleum Company (QPC) drilled a new development well, KNW-3 in its Karama Development Lease, Abu Gharadiq Basin, Western Desert.

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