NEWSLETTER
March 31 2020
 
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Summary

  EPROM Achieves the Highest Performance Rates in 2019
  Regas Signs Protocol to Connect Natural Gas Worth EGP 3 B
  Qarun to Save $12.6 MM by Reduction of Production Costs
  Natural Gas Delivery Reaches 458,000 Housing Units
  Egypt Produces One Million Butane Cylinders Daily Despite COVID 19
  IMI Completes Saudi Rig Revamp
 

Operational Results

Operational Results

   
 
EPROM Achieves the Highest Performance Rates in 2019
Egyptian Projects Operation and Maintenance (EPROM) company has achieved the highest rates of performance and assets’ preservation in 2019.
Regas Signs Protocol to Connect Natural Gas Worth EGP 3 B
Gas Regions Company (Regas) announced that it has signed a protocol to connect natural gas to New Alamein with expected investment costs worth EGP 3 billion.
   
     
 

Cost Reduction

Natural Gas Delivery

   
 
Qarun to Save $12.6 MM by Reduction of Production Costs
Qarun Petroleum aims to save $12.6 million by reduction of production costs in its concession areas in Egypt, during the H2 2019/20.
Natural Gas Delivery Reaches 458,000 Housing Units
Natural gas was delivered to 458,000 housing units, reaching 40% of the total number of customers across Egypt during the year, according to Wael Gowayed.
   
     
 

Butane Production

Drilling Operation

   
 
Egypt Produces One Million Butane Cylinders Daily Despite COVID 19
The Head of the Liquefied Petroleum Gas (LPG) Investors Association, Mohamed Saad El Din, said that all the butane filling plants are working at full capacity to cover the citizen’s needs, producing more than one million butane cylinders per day despite the current crises of COVID 19 outbreak.
IMI Completes Saudi Rig Revamp
International Maritime Industries (IMI) has completed maintenance, repair and overhaul (MRO) work for an ARO Drilling jack-up rig.
   
     
     
     
 
 
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