WebOther natural gas fields are located in the Western Desert, the delta, the Mediterranean shelf, and the Gulf of Suez, and by the early 21st century natural gas production had begun to rival that of oil, both as a source for domestic consumption and as a commodity for export. Egypt has several oil refineries, two of which are located at Suez ... WebEgypt’s oil and gas industry is mature, dating to more than a century, and still has potential numerous investment opportunities across its entire value chain with 62 new discoveries. The Egypt 2024 bid round includes …
Country Analysis Executive Summary: Egypt
WebAug 11, 2024 · Egypt's crude oil output averaged at 562,000b/d over January-May 2024, 0.3% below the average for the same period last year however, 0.4% above 2024 average. Natural gas output for the first five months of 2024 lingered 3.0% below the output recorded for the same period last year. WebSep 20, 2024 · The Gulf of Suez (GOS) is primarily an oil province, with some larger gas fields in the SE corner. GOS fields produce from pre-rift Eocene through Paleozoic … naeyc classes
Egypt What we do Home - bp global
WebIn September 2024, the company together with consortium partner Cheiron, acquired a portfolio of upstream oil and gas production, development and exploration interests from Shell in the Western Desert onshore Egypt. Production. The producing fields are split over four distinct areas, each with different characteristics and geographies: The ... WebThe Zohr gas field located in the Shorouk Block, Mediterranean Sea, is the biggest gas discovery in Egypt as well as in the Mediterranean Sea. The offshore gas field is operated by Belayim Petroleum Company (Petrobel), a 50:50 joint-venture between Italian oil and gas major Eni and state-owned Egyptian General Petroleum Corporation (EGPC). WebJan 7, 2024 · Short Url. CAIRO: Egypt has witnessed a 13 percent surge in the discovery of oil and gas reserves in 2024 compared with the previous year. According to the country’s Ministry of Petroleum and ... medics allocate