PetroBakr Drills 11 Wells, Invests $74.19 Mn in FY 2025/2026

• Tuesday, 1st September 2026
• by Doaa Ashraf

PetroBakr Petroleum Company, a joint venture (JV) between the Egyptian General Petroleum Corporation (EGPC) and Vaalco Energy, drilled 11 wells as part of its drilling plan and invested $74.19 million during fiscal ye...

PetroBakr Unveils $121 Million Investment Plan for 2026/27

• Monday, 16th February 2026
• by Sarah Samir

Petrobakr and South Ghazalat Petroleum Companies plan a total investment of $121 million for the fiscal year (FY) 2026/27, targeting a daily crude oil output of 14,000 barrels, Khaled Mounir, Chairman of Petrobakr, to...

TransGlobe Production in Egypt Records 10,904 bbloe/d

• Wednesday, 23rd June 2021
• by Editorial Team

TransGlobe’s Production has amounted on June 21 to 10,904 barrels of oil equivalent per day (bbloe/d) from its Egypt concessions, according to a press release. The company has drilled two wells in the Eastern Desert a...

TransGlobe Starts Drilling SGZ 6X Well in Western Desert

• Thursday, 25th October 2018
• by Sarah Samir

TransGlobe Energy Corporation announced that it started drilling the second exploratory oil well, SGZ 6X, in the Western Desert South Ghazalat concession, on October 23, Egypt Oil & Gas reports. The well is locate...