The General Petroleum Company (GPC) re-explored brownfields using unconventional methods for the first time, leveraging artificial intelligence (AI) during fiscal year (FY) 2024/25. This led to two discoveries in the Western Desert fields, GPS and GPR, with a total production of 2,700 barrels per day (bbl/d). Additionally, it added reserves of approximately 62.4 million barrels of oil equivalent (boe) in a mature area where production had stopped for many years, Mohamed Abdel Meguid, GPC Chairman, stated.
The company’s average production reached 85,000 barrels of oil equivalent per day (boe/d) from its concessions. This was accompanied by the addition of a proven recoverable reserve estimated at 18 million barrels and the drilling of 113 new wells in the company’s various fields and areas. Additionally, a number of projects to connect fields to the national electricity grid were completed, with a capacity exceeding 7.5 megawatts, in order to benefit from the renewable energy mix from the national wind energy projects in Zaafarana and Ras Ghareb.
This came during the General Assembly meeting of GPC, attended by Karim Badawi, Minister of Petroleum and Mineral Resources, and other ministers, to review the company’s results in FY 2024/25.
During the meeting, Abdel Meguid reviewed the company’s key efforts to apply modern technologies and artificial intelligence to increase production.
Meanwhile, Badawi stressed the need to use these technologies on a larger scale across the sector in order to increase local production. He also emphasized giving priority to exploration operations and injecting more investments into this field.
Badawi further highlighted the importance of energy efficiency and rationalization projects, and expanding the use of renewable energy in the fields. This ensures financial savings, a reduction in the import bill, and the conservation of traditional fuels, especially natural gas, in addition to the environmental benefit of reducing emissions.
Abdel Meguid pointed to the success of the new modern perforation technology, which has tripled the productivity of wells compared to traditional perforation methods. This technology is the latest in a long series of techniques that the General Petroleum Company has been a pioneer in applying.
GPC is an Egyptian state-owned company established in 1957, playing a key role in the country’s oil and gas sector. It was the first Egyptian national company to focus on oil and gas exploration, production, and development. GPC operates in various regions of Egypt, including the Eastern and Western Deserts, the Gulf of Suez, and Sinai.
In June 2025, the company announced a new oil discovery, GPR-1X, in the maturing Abu Sennan concession at the Western Desert, following the GPS discovery in March.