Egypt

Petrogulf got a new discovery in Gulf of suez

Published on : 2020-06-18

The Ministry of Petroleum and Mineral Resources announced a new petroleum discovery in the shallow waters of Geisum Concession at the south of Gulf of Suez.

According to the statement, the initial production rate of the new discovery (GNN-4) is 2,000 barrel per day (bbl/d) of crude oil. The indications showed that there are about 70 million barrel (mmbbl) of extractable crude oil.

The new discovery was achieved by the Petrogulf Misr, on behalf of Egyptian General Petroleum Corporation (EGPC), in addition to Pico GOS Petroleum Company limited, and Kufpec Egypt limited. Also, Ganoub El Wadi Petroleum Holding Company technically supervised the petroleum concession.

The successful exploration in the current fields indicate that there are more oil wealth and resources that have not yet been discovered, and that modern and advanced geological technologies contribute to achieving more discoveries.

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