Egypt

Khalda Petroleum Co. puts two new wells on production, with investments of $6 million

Published on : 2020-05-27

Khalda Petroleum Company has put the new wells "deep Khbari 5" and "mghr 14" on production at a rate of 4,500 barrels per day.

The deep well "Khbari 5" is located in the Khubri region, while the second well, "mghr 14" , is located in the Abu Gharaidiq area, and the cost of the two wells reached about $6 million.

Petrojet also started the implementation of the second line, Barakat Deep 2, with investments of $1.4 million, and it is expected that the implementation will be completed during next July.

It is worth noting that Khalda's production has now reached 117 thousand oil barrels per day, 21 thousand barrels condensate and 680 million cubic feet of gas.

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