Egypt

Cheiron eyes drilling $160mln natural gas wells in Egypt in H1 2024

Published on : 2023-10-18

Cheiron Petroleum Corporation has invested around $160 million to explore and produce natural gas in the West El Burullus Concession, south-east the Mediterranean, two government officials told Asharq Business.

The firm is seeking to start production from the concession in the first half (H1) of 2024, with a production capacity of 150 million cubic feet of natural gas a day, an official said.

It is planning to drill seven natural gas wells and other natural condensates, the source added.

Egypt, Italy probe cooperation in petroleum, renewable energy fields

According to a statement on April 22nd

Shell Egypt and Partners Launch 11th Phase Development in Nile Delta Offshore Concession

Shell Egypt, along with partners EGAS, EGPC, and Petronas, have agreed to commence the 11th development phase in Egypt Nile Delta offshore West Delta Deep Marine (WDDM) concession in the Mediterranean Sea.

El Molla Reviews Methanex Plant Progress: Boosting Methanol Production and Sustainability

Minister of Petroleum and Mineral Resources Tarek El Molla recently inspected progress at the Methanex plant in Damietta, reviewing state-of-the-art facilities and production units designed for maximum safety and global sustainability