Western Desert | Egypt Oil & Gas - Part 4

Egypt’s TransGlobe Production Records 11,990 BBLS/D in Q2 2020

TransGlobe Egypt production averaged at 11,990 barrels of oil per day (bbls/d) in Q2 2020.

GPC Achieves Production Record of 62,000 bbl/d

General Petroleum Company (GPC) has achieved a production record of 62,000 barrels per day (bbl/d) for the first time ever since its establishment in 1957.

Transglobe Egypt Production Records 12,506 bbl/d in June

Transglobe’s oil production rates in Egypt recorded 12,506 barrels of per day (bbl/d) in June (until June 19) compared to 12,544 bbl/d in Q1 2020.

Khalda’s Investments to Reach $792 MM in FY 2020/21

Khalda Petroleum Company's (Apache) investments are expected to reach $792 million during Fiscal Year (FY) 2020/21.

El Molla Reviews Qarun Budget for FY 2019/20 -2020/21

The Minister of Petroleum and Mineral Resources, Tarek El Molla, headed the general assembly meeting of Qarun Petroleum Company to review the adjusted budget for Fiscal Year (FY) 2019/20, and the planning budget f ...

Dragon Oil to Boost Investments in Egypt by $650 MM

Dragon Oil is planning to increase its investments in Egypt through acquiring some operating assets in the Western Desert in the next five years.

Shell Open to Receive Offers for its Western Desert’s Assets

Khaled Kacem, Shell Egypt Country Chairman and Managing director, announced that the company is still open to accepting purchasing offers to its assets in the Western Desert.

House of Representatives Approves 11 Exploration Agreements

The Energy and Environment Committee of Egypt’s House of Representatives, Chaired by Talaat El Sewedy, approved 11 projects, delegating the Minister of Petroleum and Mineral Resources, Tarek El Molla, to explore f ...

GPC Puts NES-16 Well on Production

The General Petroleum Company (GPC) announced that it has discovered a new oil payzone in Abu Rawash D and drilled NES-16 well, pointing out that this step is considered a new step of its kind in the region.

El Sisi Issues New Decree for Oil Exploration in the WD

President Abdel Fattah El Sisi issued a presidential decree allowing the Minister of Petroleum and Mineral Resources, Tarek El Molla, to contract with the Egyptian National Petroleum for Exploration and Developmen ...

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