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Country-Plan Projects and Tenders |
| 7470 Subject |
اكتشافات جديدة للبترول بخليج السويس للشركة العامة للبترول GPC – General Petroleum Co. hitting a new offshore crude oil find in Suez Gulf. |
| Date Published | Friday, December 03, 2004 |
| Source Name | Al-Akhbar |
| Location Name | Suez |
| Description | State owned GPC – General Petroleum Co. has announced it has hit a new offshore crude oil find in Suez Gulf. Find is located to the east of Bakr southern field. It was tested at a rate of 3,300-barrels/ day. It adds about 30 million barrels to the country crude oil reserves. GPC sales of crude oil during 2003/ 2004 reached L.E. 1,837 million with net profits put at L.E. 841 million. |
| Sectors Section |
Beneficiary Sectors - Petroleum - Oil, Gas & Petrochemicals Production |