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Correction: Egypt to Produce 26 Tcf from Zohr
Sunday, 24th January 2016
Eni's mega gas discovery in Egypt's Mediterranean area, Zohr, is expected to produce 26 tcf. -
GUPCO Breaks it’s All Time Production Record
Tuesday, 12th January 2016
Gulf of Suez Petroleum Co. (GUPCO) announced its success in breaking the company’s all time production record, by increasing its levels to 84,000 b/d of oil and 2,300 b/d of condensates. In addition the company also generates around 650 tons of butane per day, reported Egypt Oil & Gas. -
Ganope to Generate Power from Geothermal Energy
Wednesday, 16th December 2015
Abu Bakr Ibrahim, Chairman of Ganope, told Egypt Oil & Gas that a memorandum of understanding (MoU) has been signed by Ganope, as a representative of Petroleum Ministry and New and Renewal Energy Authority (NREA) for the exploitation of the earth’s natural underground temperature for the production of renewable energy. -
GANOPE Shares FY 2015-2016 Plans
Tuesday, 15th December 2015
GANOPE Chairman, Abu Bakr Ibrahim, told Egypt Oil & Gas that his company is preparing to announce the results of a seismic, magnetic, and aerial survey conducted by GDF Suez in its concession areas. -
Abu Bakr: EBRD to Finance GANOPE’s Projects
Tuesday, 15th December 2015
EGPC, EGAS, and GANOPE signed a letter of intent with the European Bank for Reconstruction and Development (EBRD) to finance a number of energy projects that the state is in need of, reported Egypt Oil & Gas. -
ECHEM to Launch Several New Petrochemical Projects
Thursday, 10th December 2015
The Egyptian Petrochemicals Holding Company (ECHEM) in the process of setting up a project to convert natural gas to olefins, and polyolefins GTP, reported Egypt Oil & Gas. -
Oil and Water Ministries to Cooperate on Minya Irrigation Project
Tuesday, 3rd November 2015
The Ministry of Petroleum and Mineral Resources has signed a protocol with the Ministry of Water Resources and Irrigation to cooperate on drilling 500 wells in the area of West Minya, to access underground water for irrigation, Ahmed Anwar, Chairman of Sino Tharwa, told Egypt Oil and Gas. -
Egypt’s Sino Tharwa Wins Algerian Bid
Tuesday, 3rd November 2015
Ahmed Anwar, Chairman of Sino Tharwa, has informed Egypt Oil & Gas that the company has tendered for and won an international bid round in Algeria. -
GUPCO Updates its Infrastructure in July Field
Wednesday, 28th October 2015
An official source with GUPCO told Egypt Oil & Gas that the company had completed the restoration of the J-15 marine production platform in the July field, Gulf of Suez. -
Exclusive: Zohr’s Financial Agreement & Seismic Data
Tuesday, 27th October 2015
Egypt Oil & Gas was able to obtain maps, and financial details regarding the Zohr discovery.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 66.70 | +0.92% |
Crude Oil (Brent) Brent | USD/bbl | 70.02 | +0.95% |
NYMEX Natural Gas | USD/MMBtu | 2.71 | +0.48% |
OPEC Basket Price | USD/bbl | 62.15 | +0.29% |
Last Modified March 8, 2021