Bapetco Exceeds Production Plans by 11%
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.
Western Desert | Egypt Oil & Gas - Part 6
Pharos’ Egypt Production Record 5,979 bbl/d in H1 2020
Pharos’ crude production recorded 5,979 barrels of oil per day (bbls/d) during H1 2020 in Egypt.
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 ...
