EGPC | Egypt Oil & Gas - Part 14

GPC Records Highest Production Rate in FY 2018/19

Minister of Petroleum and Mineral Resources Tarek El Molla have hailed the achievements that the General Petroleum Company (GPC) accomplished during the fiscal year (FY) 2018/19, especially achieving 4 oil discove ...

Baltim’s New Well to be Linked to National Grid

Ministry of Petroleum connected the first well at Southern-Western Baltim gas field, located 12km away from the Nooros field in the Nile Delta to the national grid. The new well is expected to produce 100mcf/d of ...

Abdel Baset El Sayeh Appointed as RSNCRP Chairman

The founding assembly of the Red Sea National Company for Refining and Petrochemicals (RSNCRP) has selected Major General Eng. Abdel Baset El Sayeh as its new Chairman.

Cabinet Approves New Regulations for Oil, Gas Exploration

The Cabinet approved regulations regarding 17 petroleum commitment agreements for the oil and gas exploration, during their 54th meeting.

Shell Starts Drilling First Exploration Well by End of August

Shell announced that the “Discoverer India” Drillship will start drilling in the first 6,000 meters deep marine well, West Delta Deep Marine (WDDM) concession by the end of this August.

EOG Launches New HSE Subcommittee

The first meeting of the EOG HSE Subcommittee was held on Wednesday at Halliburton's office to discuss ideas on how to enhance HSE practices across the Egyptian petroleum sector and raise the level of awareness am ...

Egypt’s Crude Oil Production to Increase 50,000 b/d YOY

Crude oil production is targeted to reach approximately 710,000 barrels per day (b/d) by June 2020, up from 650,000 - 660,000 in H1 2019.

EGPC to Launch Oil, Gas Exploration Tender End of Year

The tender is expected to include from eight to 12 concession blocks, including areas in the Western Desert, the Gulf of Suez, and the Eastern Desert, where crude oil is expected be found.

Fuel Resumes to Normal Pumping Rate

The fuel pumping rate into market will get back to 20 million liters a day, after it has been increased with almost 10% to reach 25 million liters during Eid al-Adha.

Egypt’s Fuel Exports Surpass $600 MM

The petroleum sector’s fuel exports’ total value exceeded $600 million.

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