EGPC | Egypt Oil & Gas - Part 16

Egypt’s First PSM Committee Hosts Webinar on Modernizing PSM: From Vision to Reality

The Egyptian Process Safety Management (PSM) Steering Committee today hosted a webinar sponsored by Methanex Egypt titled “Modernizing Process Safety Management: From Vision to Reality.” The webinar was led by the ...

Methanex Egypt, the Egyptian Process Safety Management Steering Committee Launch the First Egyptian PSM Website

Methanex Egypt announced today the launch of the Egyptian Process Safety Management (PSM) Steering Committee’s website – www.PSMEgypt.com. The website is the result of the collaboration between the Ministry of Pet ...

Egypt to Receive $1.1 B Fund From ITFC

The Minister of Petroleum and Mineral Resources, Tarek El Molla, witnessed the signing of an agreement with the International Islamic Trade Finance Corporation (ITFC) to provide integrated financing solutions to a ...

Iraq to Supply EGPC with 12 mmbbl of Crude in 2021

The Iraqi Council of Ministers approved the renewal of a contract to supply 12 million barrels (mmbbl) of Basra Light crude to the Egyptian General Petroleum Corporation (EGPC) in 2021.

Eni Announces Oil Discovery in the Western Desert

Eni has made a new oil discovery in the Meleiha Concession in the Western Desert, adding an extra 10,000 barrels of oil per day (bbl/d) to the current concession production.

Zeitco’s Production Reaches 8,000 bbl/d

East Zeit Petroleum (Zeitco), a joint venture (JV) between Dana Petroleum Company and Egyptian General Petroleum Cooperation (EGPC), produced 8,000 barrels of crude oil (bbl) from its concession in Egypt, accordin ...

Parliament Approves Draft Laws for New E&P Agreements

The House of Representatives approved a law authorizing the Minister of Petroleum and Mineral Resources (MoP) to contract for exploration and production (E&P) projects across the republic.

IOCs Highlight Egypt’s Investment Potentials During AEC

Shell and Schlumberger have participated in the fourth edition of Al-Ahram Energy Conference (AEC) to discuss their investments in Egypt.

Public Business Sector Settles Debt Owed to Petroleum Sector

The Ministry of Public Business Sector signed a protocol to settle the debt owed to the Ministry of Petroleum and Mineral Resources for business companies’ natural gas withdrawals.

TransGlobe Reaches Agreement with EGPC to Merge Eastern Desert Concessions 

TransGlobe reached an agreement with the Egyptian General Petroleum Corporation (EGPC) to merge the company’s three existing Eastern Desert concessions into a new modernized concession agreement.

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