Home Page Pioneers Holding Website Site Map عربي
Banks aid Saudi gain, Dubai falls on real estate       Palm Hills: 1st round of capital hike subscription covered 80.71%       EIPICO to exports medicines to Russia of $2 m       General Silos & Storage (GSSC.CA) - AGM & EGM Minutes (before Certification)       Release from El-Nile Co. For Pharmaceuticals And Chemical Industries (NIPH.CA) Concerning the BOD & Executive Managers       Release from Obour Land For Food Industries (OLFI.CA) Concerning a Loan       Credit Agricole Egypt (CIEB.CA) - Release Concerning a Clients Shares       Credit Agricole Egypt (CIEB.CA) - Release Concerning a Clients Shares       Release from Export Development Bank of Egypt (EDBE) (EXPA.CA) Concerning Sending the Financial Statements       Release from Palm Hills Development Company (PHDC.CA) Concerning the Subscription Covering Percentage       Telecom Egypt hosts the 2019 CFA Institute Research Challenge       Arab Land Bank grants LE50 m to Tamweely Microfinance       Obour Land to get $7m-loan from EBRD to finance Obour Farm       Obour Land submits listing capital hike documents - EGX says       Egyptian Transport (EGYTRANS) (ETRS.CA) - EGM Minutes (before Certification)       El Sewedy Electric (SWDY.CA) - Board of Directors Decisions       Release from South Valley Cement (SVCE.CA) Concerning the Financial Statements       Release from Arabian Rocks Plastic Industries (ARPI.CA) Concerning the Companys Indicators (NILEX)       Release from Nile City Investment (NCIN.CA) Concerning The Financial Results       Sharm Dreams Co. for Tourism Investment (SDTI.CA) - Audit Committee Meeting Minutes      
ACGC.CA  5.67    1.07%      AFDI.CA  12.02    1.52%      APSW.CA  2.71    1.88%      COMI.CA  73.35    0.87%      EFIC.CA  16.93    1.93%      EGTS.CA  1.55    2.65%      EHDR.CA  5.13    2.40%      EKHO.CA  0.80    -1.23%      ELEC.CA  0.89    3.49%      ELKA.CA  14.98    0.00%      EMOB.CA  128.73    1.83%      EPCO.CA  2.30    0.00%      ESRS.CA  19.59    0.98%      ETEL.CA  13.49    -0.37%      HRHO.CA  23.27    0.00%      IFAP.CA  2.38    2.15%      KABO.CA  1.49    0.68%      MNHD.CA  10.29    1.78%      MOIL.CA  0.28    3.70%      NCGC.CA  6.55    0.00%      OCDI.CA  19.54    0.41%      OCIC.CA  217.47    0.00%      ORTE.CA  4.42    1.38%      PHDC.CA  4.06    1.50%      PIOH.CA  8.47    0.59%      SPIN.CA  2.05    1.49%      SVCE.CA  5.49    2.23%      SWDY.CA  136.72    0.80%      TMGH.CA  10.22    1.89%      UEGC.CA  0.77    1.32%      
First Name
Last Name
E-Mail
E-Mail
Zohr field output up 6 times since its inauguration in Jan, Min



Cairo: Petroleum Minister Tareq el Mulla said the output of Zohr gas field offshore Egypt ramped up six times since President Abdel Fatah El Sisi opened it last January.
The Zohr gas field now produces 2 billion cubic feet per day, equivalent to approximately 365,000 barrels of oil equivalent.
Mulla made the remarks during a field tour on Thursday to the Zohr field. Mulla was accompanied by Eni Board Chairperson Emma Marcegaglia and Eni CEO Claudio Descalzi.
The Italian company has for the first time held its annual board meeting in an oil field; Zohr field.
Mulla said Enis board meeting in Zohr gas field reflects the successful partnership between the petroleum sector and the Italian company, considering the company as a strategic partner of the oil sector.
Mulla added that Zohr field production has hit a record and this would contribute to realizing natural gas self-sufficiency in Egypt.
Meanwhile, Descalzi said the strong relations between Egypt and Italy as well as oil companies of both countries had largely contributed to accomplishing an international record in the petroleum and natural gas industry.
He noted that about 80 percent of the project was carried out by Egyptian companies and this is cogent proof of their efficiency and use of top-notch technology.
According to the firm, this production level was realized due to the commencement of the fifth production unit, supported by the eight gas producers and a new sea line, commissioned last month.


Time Added: 2018-09-13 14:01:30
Source: arabfinance
  print
Send to a friend
Your Name
Your E-mail
Your Friend Name
Your Friend E-mail
Your Message
 
Share on Facebook

Related News
Banks aid Saudi gain, Dubai falls on real estate
Palm Hills: 1st round of capital hike subscription covered 80.71%
EIPICO to exports medicines to Russia of $2 m
General Silos & Storage (GSSC.CA) - AGM & EGM Minutes (before Certification)
Release from El-Nile Co. For Pharmaceuticals And Chemical Industries (NIPH.CA) Concerning the BOD & Executive Managers
Release from Obour Land For Food Industries (OLFI.CA) Concerning a Loan
Credit Agricole Egypt (CIEB.CA) - Release Concerning a Clients Shares
Credit Agricole Egypt (CIEB.CA) - Release Concerning a Clients Shares
Release from Export Development Bank of Egypt (EDBE) (EXPA.CA) Concerning Sending the Financial Statements
Release from Palm Hills Development Company (PHDC.CA) Concerning the Subscription Covering Percentage