Egypt's Al Abyad Gas Fields Increased Production
Wednesday, 8th February 2017
Egypt increased production from Al Abyad fields located in the Western Desert as part of the efforts exerted by the oil and gas sector to boost Egypt's overall production, Egypt Oil&Gas reported citing a press release by the Ministry of Petroleum.
According to the report submitted by Badr El Din Petroleum (Bapetco)'s CEO, Emad Hamdy, to the Minister of Petroleum, Tarek El Mollla, the field's production increased by 25mcf/d of natural gas and by 1,200b/d of condensates after installing the new compressor, which boosted total production to 515mcf/d of natural gas, 47,400b/d of crude and condensate, totaling 140,000b/d of equivalents.
The report added that the company will link the new discovery OBJ 14-4 to production in March 2017 with production capacity of 30mcf/d of gas and 1,000b/d of condensates.
Bapetco is further planning to drill a new development well in the Neyag field in order to increase the field's production by around 5,000b/d of crude oil.
Bapetco
Abyad Field
Thursday, 20th January 2022
Minister of Petroleum and Mineral Resources Tarek El Molla held a meeting with Malaysian Ambassador to Cairo Zamani bin Ismail to discuss opportunities for cooperation and joint investment in the oil and gas sector.
Minister of Petroleum and Mineral Resources, Tarek El Molla, signed two new agreements with TransGlobe and Pharos Energy to search for, develop and produce petroleum in several regions in the Eastern and Western Desert, with a total new minimum investment of $506 million, and a signature grant of $67 million to drill 12 wells.
ExxonMobil Egypt Honors Employees Volunteering in CSR Initiatives
Wednesday, 19th January 2022
ExxonMobil Egypt, one of the leading companies in the Egyptian energy market, held a special ceremony to honor all its volunteer employees in 3 different community initiatives during 2021, in light of the company's strategy to achieve sustainable development by developing the capabilities of young people in various fields.
Petromaint Signs MOU with Marine Engineering Leader Etermar
Alexandria Petroleum Maintenance Company (Petromaint)'s Chairman, Ahmed Fouad, signed a memorandum of understanding (MoU, with the Portuguese company Etermar.