EDC Becomes 100% Egyptian
EDC expanded its scope of work, currently owning 40 onshore drilling rigs, four offshore rigs, 21 wells maintenance rigs, two lifting units, and one offshore device.
EDC | Egypt Oil & Gas - Part 2
Several MoUs Signed During EGYPS 2019
Minister of Petroleum Tarek El Molla witnessed the signing of multiple MoUs on the sidelines of the EGYPS 2019.
EDC Hosts Ministry of Petroleum’s Annual Safety Day
The Ministry of Petroleum's Annual Safety Day 2018, held on December 6 at the Egyptian Drilling Company's (EDC) headquarters in Cairo, brought together oil and gas leaders to discuss safety culture, leadership, an ...
EDC Acquires 74% of Drilling Work in Egypt
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
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
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
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
Tarek El Molla headed the general assembly of the Egyptian Drilling Company (EDC) to review 2016 results. 
