Three Qatari diplomats have died in a car accident in the Egyptian city of Sharm El-Sheikh while performing their duties, Qatar’s Embassy in Egypt has announced.
Egypt will export natural gas and petroleum products to Syria under two memoranda of understanding (MoU) signed by the countries’ petroleum ministries, the Ministry of Petroleum and Mineral Resources said.
Egypt’s Petroleum Ministry announced production has begun at the Al-Wasl-4 development well in the North Safa field, Gulf of Suez, operated by GUPCO. The well produces about 2,250 barrels of oil and 1.3 million cubic feet of gas daily, lifting output to about 65,000 barrels.
Egypt’s Ministry of Petroleum and Mineral Resources announced promising production results following the completion of drilling two new wells in the Western Desert, with initial tests showing a combined natural flow of about 1,650 barrels of crude oil and 19 million cubic feet of gas per day.
Dana Gas, the Middle East’s largest regional private sector natural gas company, today announced that its group production reached 70,000 barrels of oil equivalent per day (boepd) and has been sustained at that level throughout January.
Egypt’s Ministry of Petroleum said oil and gas companies drilled multiple wells across the Western and Eastern Deserts and the Nile Delta, including five exploratory wells, expected to add about 47 million cubic feet of gas and 4,300 barrels per day to daily output.
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Egypt has signed renewable energy deals worth a combined $1.8 billion. Egypt hopes to have renewable energy reach 42 per cent of its electricity generation mix by 2030, but officials say the goal will be at risk without more international support.
