EGPC | Egypt Oil & Gas - Part 10

TransGlobe Production Rebounds by 1% in October

TransGlobe's production in October showed significant progress with approximately 12,162 barrels per day (bbl/d), a 1% increase from Q3 2020 and below the revised budget expectations, with Egypt producing 10,303 b ...

MoP Issues Management Changes

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has made a few management changes in the petroleum sector.

Al-Sisi Permits Abu Sennan Concession Agreement Amendment

President Abdel Fattah Al-Sisi ratified law No. 155 of 2020 allowing for the amendment of the petroleum exploration agreement in the East Abu Sennan concession in the Western Desert.

Naftogaz’s Investments Surpass $535 MM in Egypt

Naftogaz of Ukraine’s investments in Egypt have amounted to over $535 million over the course of 14 years, Director of Naftogaz in Egypt, Fedir Baiuk, stated.

EOG Roundtable Highlights Brownfields Development Strategies 

H.E. Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources, asserted the importance of developing brownfields, referring to several revival strategies that were used in Egypt. The minister remarks came ...

Eni, BP Achieve New Natural Gas Discovery in Egypt’s Great Nooros Area

Eni   has announced a new natural gas discovery in Great Nooros Area which is located in the Abu Madi West Development Lease, in the conventional waters of the Nile Delta, offshore Egypt.

Al-Sisi Licenses MoP to Contract EGPC, Apache

According to the official Egyptian newspaper, the President Abdel Fattah Al Sisi has approved the law no 167 for the year of 2019 to allow the Minister of Petroleum and Mineral Resources to contract with the Egypt ...

ECHEM Exports PVC to 10 Countries

Tarek El Molla, Minister of Petroleum and Mineral Resouces, called for the importance of developing the refining and manufacturing system to meet the needs of the local market of petroleum products taking into con ...

Energean Egypt Production Records 38,000 bbloe/d in H1 2020

Energean’s Abu Qir’s production recorded 38,000 barrels of oil equivalent per day (bbloe/d) in H1 2020, exceeding 2020 guidance of 34,000 - 37,000 bbloe/d.

Sisi Authorizes Petroleum Minister to Contract with Neptune, EGPC for E&P Rights in Gulf of Suez

President Abdel Fattah Al-Sisi ratified Law No. 159 of 2019 authorizing the Minister of Petroleum and Mineral Resources (MoP) to contract with the Egyptian General Petroleum Corporation (EGPC) and Neptune Energy.

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