the Mediterranean region | Egypt Oil & Gas

Egypt Drives Foreign Investment in Oil, Gas with Profit-Sharing System

The Cabinet, chaired by Prime Minister Mostafa Madbouly, approved Wednesday the use of the R-Factor (Profitability Factor) in certain petroleum agreements based on specific standards and conditions for each region ...

Badawi, Chevron Explore Accelerating Oil, Gas Production

Minister of Petroleum and Mineral Resources Karim Badawi held a bilateral meeting with Clay Neff, President of Chevron International Exploration and Production as they discussed the work progress of the company's ...

Petrobel Streamlines Two New Wells in the Mediterranean

Belayim Petroleum Company (Petrobel) announced streamlining two new natural gas wells in the Mediterranean region with an average production of 390 million cubic feet per day (mmcf/d)  and 1,300 barrels of condens ...

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