EDC Acquires 74% of Drilling Work in Egypt

• Sunday, 1st April 2018
• by Sarah Samir

The Egyptian Drilling Company (EDC) owns 74% of the offshore and onshore drilling market in Egypt, alongside performing 35% of well-repair activities.

EGPC to Acquire Maersk’s Stake in EDC

• Wednesday, 20th December 2017
• by Sarah Samir

The Egyptian General Petroleum Corporation (EGPC) will purchase Maersk Drilling Company's 50% stake in the Egyptian Drilling Company (EDC) for $100 million.

Head of EDC: Company Balance Sheet Sits over $1 B

• Sunday, 30th July 2017
• by Editorial Team

The Egyptian Drilling Company (EDC) possesses a positive balance sheet of over $1 billion, according to the company’s CEO.

Russia to Welcome Saudi Investment in Oil Driller Eurasia

• Monday, 5th June 2017
• by Dr. Mahinaz El-Baz

The Russian Direct Investment Fund (RDIF) would welcome Saudi investments in Russia's largest oilfield services company Eurasia Drilling.

El Molla Chaired EDC’s General Assembly

• Wednesday, 19th April 2017
• by Dr. Mahinaz El-Baz

Tarek El Molla headed the general assembly of the Egyptian Drilling Company (EDC) to review 2016 results.

ExxonMobil Egypt renews its contract with the Egyptian Drilling Company for additional five-years

• Wednesday, 9th January 2013
• by Egypt Oil & Gas

ExxonMobil Egypt, the leader in blending and marketing of high technology industrial lubricants, renewed its cooperation with the Egyptian Drilling Company (EDC),known to be the leading drilling company in the Middle ...