WEPCO
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El Molla: Al-Hamra Port to Increase Capacity to 2.6 mmbbl
Sunday, 7th February 2021
The Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that Al-Hamra port in the Mediterranean region will increase its oil production from 1.5 to 2.6 million barrels (mmbbl), which represent 73.3% to transform Egypt into a regional hub for oil and gas.
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WEPCO, Petrosafe Conduct Oil Spill Response Drill
Sunday, 1st November 2020
Western Desert Operating Petroleum Company (WEPCO) and Petrosafe have come together to combat marine petroleum pollution in Al-Hamra Petroleum Port in the Mediterranean.
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Bapetco Exceeds Production Plans by 11%
Thursday, 3rd September 2020
Badr El-Din Petroleum Company’s (Bapetco) Badr 1 production recorded 1.15 million barrels of oil (mmbbl) in the fiscal year (FY) 2019/20, an 11% increase from initial plans.
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Madbouli Inaugurates Crude Pipeline at Al Hamra Port Worth $100 MM
Sunday, 23rd August 2020
The Prime Minister, Mostafa Madbouly, had opened an eight-kilometer new crude oil pipeline at Al Hamra petroleum port in Al Alamein worth $100 million.
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WEPCO Prepares Linking Two Wells Worth $12 MM
Tuesday, 14th July 2020
Ibrahim Massoud, Chairman and Managing Director Western Desert Operating Petroleum Company (WEPCO), has visited the site of (Badr-1) following up the drilling operations and maintenance to link two developmental wells to the production line at a cost of $12 million.
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WEPCO Launches Newest ERP Application
Sunday, 21st June 2020
The Western Desert Operating Petroleum Company (WEPCO) has launched the newest enterprise resource planning (ERP) application produced by SAP.
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WEPCO, Enppi, Petrojet Sign a $64 MM Deal
Sunday, 14th June 2020
Western Desert Operating Petroleum Company (WEPCO) has inked a deal with the Engineering for the Petroleum and Process Industries (Enppi) and Petrojet to establish two crude oil warehouses at Al-Hamra Petroleum Port with investments worth $64 million.
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Wepco Awarded QHSE Certifications from ISO Committee
Thursday, 4th June 2020
Western Desert Operating Petroleum Company (Wepco) has succeeded in obtaining quality, health, safety and environment (QHSE) certifications of different management systems from ISO committee.
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Petroleum Ministry Issues Reassignments of Petroleum Firms’ Heads
Sunday, 13th October 2019
The Egyptian Ministry of Petroleum issued the reassignments for the heads of companies belonging to the petroleum sector, aiming to support the petroleum sites with the necessary leadership and competencies to achieve future goals as well as exchange experiences.
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Obituary: Dr. Eng. Hamdy El Banbi Passed Away
Thursday, 11th August 2016
Egypt Oil&Gas is saddened to announce that Dr. Eng. Hamdy El Banbi, Egypt's former Oil Minister, passed away at the age of 81.
Latest News
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Egypt Plans to Achieve Diversity in Clean Energy Resources by 2025: El Molla
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GUPCO to Invest $562 MM in FY 2020/21
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El Molla reviews plan of Natural Gas Delivery to 1.2 MM Households
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Egypt Launches First Natural Gas Stations App
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 60.81 | -0.77% |
Crude Oil (Brent) Brent | USD/bbl | 63.72 | -0.55% |
NYMEX Natural Gas | USD/MMBtu | 2.80 | -0.46% |
OPEC Basket Price | USD/bbl | 61.97 | -3.53% |
Last Modified March 4, 2021