Qarun Petroleum | Egypt Oil & Gas
Qarun Petroleum Produces 23,000 b/d in 2020/21
Qarun Petroleum Company produced an average of 23,000 b/d of oil, with total investments of $127 million during fiscal year (FY) 2020/21, the company’s chairman, Ashraf Abdel Gawad, stated. The production is a r...
Qarun to Save $12.6 MM by Reduction of Production Costs
Qarun Petroleum aims to save $12.6 million by reduction of production costs in its concession areas in Egypt, during the H2 2019/20, according to Al Mal. It is noteworthy that Qarun has succeeded in reducing productio...
Oil Production to Reach 720,000 b/d by 2020
The petroleum sector seeks to raise its daily crude oil production to reach 720,000 barrels per day (b/d) by the end of fiscal year (FY) 2019/2020, according to Abed Ezz El Regal, Head of Egyptian General Petroleum Co...
Qarun Petroleum Company Increases Oil Output
Qarun Petroleum Company increased its production capacity of crude oil and condensates to around 28,000 barrels per day (b/d), Ashraf Abdel Gawad, head of the company, told Amwal Al Ghad. Qarun plans to boost its outp...
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...
Qarun to Drill 22 Wells in 2018/2019
Qarun Petroleum Company plans to drill 22 wells to expand its activities during fiscal year (FY) 2018/2019, for production to reach 11.9 million barrels during the fiscal year, said Ashraf Abdel Gawad, Qarun’s H... El Molla Issues New Promotions
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, announced new appointments and promotions, reports Egypt Oil & Gas. Mostafa Taher was appointed as the new Chairman for the North Baharia P...
El Molla: Egypt Experienced a Boom in Petroleum Investment
The Minister of Petroleum and Mineral Resources, Tarek El Molla, chaired the general assemblies of Qarun Petroleum Company and Khalda Petroleum Company to review their fiscal year (fy) 2016/2017 operations, Egypt Oil ... 
