Western Desert | Egypt Oil & Gas - Part 8
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 for 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, according to Hapi Journal report citing Tayeb Huwair, COO (Non-Operat...
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, according to Reuters. Kacem did not reveal...
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 for o...
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. GPC added...
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 Development Co... Shell Egypt to Sell Onshore Upstream Assets in WD
Shell Egypt is putting its current onshore upstream assets in the Western Desert up for sale to be able to focus on expanding its Egyptian offshore exploration and integrated gas business, according to a press release... Agiba Petroleum Increases Crude Oil Production to 45,000 b/d
Agiba Petroleum Company has increased its crude oil production to nearly 45,000 barrels per day (b/d) from its fields in the Western Desert and the Gulf of Suez, a source at Agiba Petroleum said to Amwal Al Ghad newsp... 
