General Petroleum Company (GPC) stated to Egypt Oil&Gas that the company will drill 18 exploratory and development wells during the fiscal year 2017/2018.
Belayim Petroleum Company, otherwise know as Petrobel, approved an allocated budget at $630m investments for fiscal year 2017/2018 and it is studying the addition of $214m for new discoveries.
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, chaired the general assemblies of Petroleum Gas (Petrogas) and Cairo Oil Refining Company (CORC).
Khalda Petroleum Company, a joint venture between the Egyptian General Petroleum Corporation (EGPC) and US Apache, allocated $810m investments in the budget of fiscal year 2017/2018
Egyptian Minister of Petroleum, Tarek El Molla, reviewed 2017/2018 budgets for Alexandria Petroleum Company and Amreya Petroleum Refining Company (APRC).
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Head of the Cypriot Ministry of Hydrocarbon Energy Activities, Stelios Nakulides.