Qarun Petroleum Company

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

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

    Wednesday, 28th April 2021

    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 million while Qarun will invest $252 million in different oil and gas relevant activities

  • Qarun Petroleum Pumps Investments Worth $190 MM in 2019/20

    Qarun Petroleum Pumps Investments Worth $190 MM in 2019/20

    Tuesday, 1st September 2020

    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

    El Molla Issues ICT Reshuffles in Petroleum Companies

    Thursday, 21st May 2020

    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 support petroleum sites with the necessary competencies.

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

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

    Thursday, 20th February 2020

    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 for FY 2020/21.

  • Ministry of Petroleum Announces 10 New Exploration Wells in Western Desert

    Ministry of Petroleum Announces 10 New Exploration Wells in Western Desert

    Monday, 2nd September 2019

    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 per day (boe/d).

  • Qarun Petroleum to Invest $190m

    Qarun Petroleum to Invest $190m

    Thursday, 12th January 2017
    Qarun Petroleum Company plans to allocate $190m investments in its budget of fiscal year 2017/2018.
  • Qarun drilled the KNW-3

    Qarun drilled the KNW-3

    Monday, 12th December 2011
    Qarun Petroleum Company (QPC) drilled a new development well, KNW-3 in its Karama Development Lease, Abu Gharadiq Basin, Western Desert.