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Badawi follows up on production, development plans of 5 oil companies

Five Egypt-based oil companies have presented their production and development plans to Minister of Petroleum and Mineral Resources Karim Badawi as part of his field visit to several onshore and offshore concessions across the country.

Updated 7/28/2024 9:01:00 AM
GUPCO to drill 5 oil development wells in North Safa, Al Wasl fields

The Gulf of Suez Petroleum Company (GUPCO) is planning to drill five new oil development wells in the North Safa and Al Wasl fields, the company’s Chairman Salah Abdel Kareem said during the Minister of Petroleum Karim Badawi’s field monitoring.

Updated 7/28/2024 8:05:00 AM
Petrobel invests $737M in natural gas, oil fields during 2022

The statement also revealed that the average daily production of natural gas Zohr field during the fiscal year (FY) amounted to about 2.4 billion cubic feet and about 3,700 barrels per day of condensates.

Updated 9/18/2023 10:28:00 AM