In 2025, the Egyptian Drilling Company (EDC) revenues reached around $402 million, compared to $213.23 million in fiscal year 2024. Net profit after taxes recorded at $132 million dollars, and a high operational e ...
As part of a strategic push to bolster domestic energy security, Karim Badawi, Minister of Petroleum and Mineral Resources, led a series of field tours to production sites in the Meleiha and Salam concessions, emp ...
A high-level field inspection was conducted at the EDC-11 drilling rig within the North Bahariya Petroleum Company (Norpetco) concession to evaluate operational efficiency and safety performance. The visit follows ...
Karim Badawi, the Minister of Petroleum and Mineral Resources, said during a session at the Egypt-Gulf Cooperation Council (GCC) Trade and Investment Forum that Egypt possesses a robust infrastructure in the oil a ...
Shell Lubricants Egypt (SLE) and the Egyptian Drilling Company (EDC) have renewed their strategic partnership by signing a five-year agreement that places SLE as the exclusive supplier for EDC’s equipment and flee ...
The Chairman of the Egyptian Drilling Company (EDC), Osama Kamel, revealed that the company was able to drill 200 new wells and repair over 600 in 2024. He showcased the company's performance, noting that it added ...
Minister of Petroleum and Mineral Resources Karim Badawi has commended Egyptian oil and gas sector companies operating abroad for their outstanding performance and operational efficiency.
The Egyptian Drilling Company (EDC) disclosed, during its general assembly meeting, that that the petroleum sector has acquired 50% of the company which was owned by Japanese Toyota company.
The Minister of Petroleum and Mineral Resources Tarek El Molla, issued new appointments at the national oil companies (NOCs).
The Egyptian Drilling Company (EDC) has announced that it managed to increase it market share within the onshore drilling market by 80% during 2020 despite the challenges of the pandemic compared to 60% in 2019.
