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Tag: Bapetco

Egypt, Shell sign agreement for the development of JV Bapetco

Posted: February 16, 2018 at 3:22 pm   /   Oil & Gas

The Egyptian General Petroleum Corporation (EGPC) has signed an agreement with Shell Egypt to develop Badr El Din Petroleum Company (Bapetco). The deal has been inked by both head of EGPC and chairman of Shell Egypt Gasser Hantar, according to the petroleum ministry’s statement. This initiative came as part of the petroleum sector’s strategy to maximise the […]

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Vallourec signs gas wells tubular solutions contract with BAPETCO, a Shell JV in Egypt

Posted: September 24, 2017 at 7:31 pm   /   Oil & Gas

Vallourec has signed a contract with Badr El Din Petroleum Company (BAPETCO), a joint venture between Shell and the Egyptian General Petroleum Corporation (EGPC). Vallourec has signed a contract with Badr El Din Petroleum Company (BAPETCO), a joint venture between Shell and the Egyptian General Petroleum Corporation. This agreement concerns the supply of tubular solutions […]

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Bapetco invested $202 million in FY 2016/17

Posted: September 5, 2017 at 2:12 pm   /   Oil & Gas

The chairman of Badr El Din Petroleum Co (Bapetco), Sabry El-Sharkawy, on Wednesday said that his firm invested about $202 million in fiscal year 2016/2017, according to a statement by the Ministry of Petroleum (MoP). The company’s average production rate from Egypt’s Western Desert’s fields increased to 131,000 barrels of oil equivalent (BOEs), El-Sharkawy added […]

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Ministry: 8 new wells produce 517 MMCFD of gas in H1 2016

Posted: December 14, 2016 at 4:00 pm   /   Oil & Gas

Egyptian Oil Ministry announced Monday that eight new wells started production since the beginning of the second half of 2016. In its reports, the ministry stated that these wells, which are affiliated to different firms, added 517 million cubic feet of natural gas and 2,500 barrels of crude oil to Egypt’s national production. The new […]

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Oil Ministry announces new natural gas discovery in Shell's Alam El Shawish Western Desert concession

Posted: November 26, 2016 at 11:52 am   /   Oil & Gas

An Oil Ministry report on the Alam El Shawish field in the Western Desert suggests that the concession has a production capacity of 20 mcf/d and preliminary estimated reserves of 500 bcf, Al Masry Al Youm reported. The well is operated by Royal Dutch Shell JV Badr El Din Petroleum (Bapetco). Production is expected to […]

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Bapetco adds 4,500 bbl/d of crude, natural gas from Western Desert

Posted: November 3, 2016 at 12:56 pm   /   Oil & Gas

The Oil Ministry announced it has brought on-stream production from two wells, operated by Shell’s JV in Egypt Bapetco, in the Western Desert, producing at a rate of 4,500 boe/d, Al Masry Al Youm reported. The first well produces 12 mcf/d of natural gas, while the second produces 2,500 bbl/d of crude oil, according to […]

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Shell plans drilling of 33 wells in BAPETCO concessions in 2016/2017

Posted: June 26, 2016 at 8:18 pm   /   Oil & Gas

Dutch company Shell targets drilling 33 wells in its concession areas that are operated by Badr El Din Petroleum Company (BAPETCO) during the next fiscal year (FY). The plan includes 19 wells to develop gas production, 10 wells to inject water into, and 4 wells to explore for gas. A senior source in the petroleum […]

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Shell, Apache & Petroleum Ministry agree on Apollonia field shale gas price

Posted: June 2, 2016 at 2:54 pm   /   Oil & Gas

• The new agreement decided on $4.6 per 1m thermal units instead of $2.9. • Apache completed drilling two horizontal wells in the limestone layers of the Western Desert. Dutch company Shell and the American Apache have agreed with the Ministry of Petroleum on the price of the gas in the limestone layers at Apollonia […]

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Bapetco's budget ratified as Shell increased investment to $438 million this year

Posted: January 26, 2016 at 7:10 pm   /   Oil & Gas

Drilling of 14 exploratory and developmental wells with 100% of drilling plan achieved during first half of current fiscal year. Badr El Din Petroleum Company (Bapetco) General Assembly Meeting, chaired by Eng. Tarek El-Molla, Minister of Petroleum and Mineral Resources, ratified the company’s amendment to the fiscal year 2015/2016 budget, and also ratified the budget […]

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