The drilling of the exploratory well East Crystal-1 in the Gulf of Suez, carried out by the Emirati company Dragon Oil, through the joint venture vompany, the Gulf of Suez Petroleum Company (GUPCO), has been successful.
On behalf of the President Abdel Fattah Al-Sisi, the Minister of Petroleum and Mineral Resources Karim Badawi participated in the Africa Energy Summit held in Dar es Salaam, Tanzania under the slogan “The Mission 300” which aims at providing electricity access to 300 million people by 2030.
The North Baharia Petroleum Company (Norpetco) held its General Assembly meeting on January 26th to discuss and approve the amended budget for the fiscal year (FY) 2024/25 and the original budget for FY 2025/26.
El Hamra Oil Company announced that it targets to increase product rates to 8,500 barrels per day (bbl/d) through drilling ten developmental wells with costs amounts to $7.1 million.
PetroGulf Company held its General Assembly under the chairmanship of Chairman of the Egyptian General Petroleum Corporation (EGPC) Salah Abdel Kerim, and with the participation of Ganoub El Wadi Petroleum Holding Company's (Ganope) Chairman Ashraf Bahaa.
The Minister of Petroleum and Mineral Resources Karim Badawi held a meeting with the Minister of Environment Yasmine Fouad discussing the integration between the two ministries in the fields of emissions reduction and the latest developments of the petroleum companies’ efforts for emissions reduction and comply with environmental requirements.
The Petroleum Marine Services Company (PMS) achieved a new progress in the field of deep water projects as it successfully put the wells of the Tenth Phase for developing West Delta Deep Marine (WDDM) project on production stream.
Prime Minister Mostafa Madbouly met with officials from the global company Chevron to discuss ways to enhance joint cooperation.
Rockhopper Exploration plc, the oil and gas company with key interests in the North Falkland Basin (NFB), is pleased to announce it has entered into an agreement with United Oil and Gas plc (UOG) (United) to settle an outstanding balance related to the transfer of the Abu Sennan concession in Egypt to United.
Minister of Petroleum and Mineral Resources Karim Badawi held a meeting with Cypriot Minister of Energy George Papanastasiou, where they discussed cooperation to develop Cypriot gas fields.
