ADES secures contract to boost oil production in Egyptian brownfields

Wed, 13 Dec 2023 - 01:22 GMT

According to a statement released by ADES Holding to the Saudi Exchange Tadawul, the new contract has a duration of 10 years and can be extended for an additional 10 years.

5 consortiums apply to establish oil complexes in Egypt with $321M investments

Tue, 17 Jan 2023 - 01:13 GMT

These offers are being studied at the present time, stressing that the government aims for the participation of the private sector.

Under-pressure Qatar says to boost gas production 30%

Tue, 04 Jul 2017 - 09:20 GMT

Energy-rich Qatar said Tuesday it plans to increase natural gas production by 30 percent over the next several years.

Egyptian oil production expected to decline in 2017: OPEC

Wed, 14 Jun 2017 - 02:35 GMT

Oil production in Egypt is expected to decline in 2017 by 20 Thousand Barrels per day (tb/d) while the country’s oil and natural gas supplies remain stagnant between 2016 and 2017.