EGPC | Egypt Oil & Gas - Part 2

EGPC | Egypt Oil & Gas - Part 2

OSOCO Increases Output to 1.7 mmboe in FY 2025/26

Offshore Shukheir oil Company (OSOCO) has raised  production to 1.7 million barrels of oil equivalent (mmboe) during the last fiscal year that is equivalent to an average of 7,100 boe per day, successfully offset ...

Magawish Petroleum Targets 3.2 mmbbl in Reserves

Magawish Petroleum (Magapetco) plans to increase its reserves to 3.2 million barrels while maintaining strong safety performance, as part of a development strategy with partner Trident Petroleum. The plan includes ...

IMF Notes Egypt’s Arrears Settlement Gains, Stresses Effort to Boost EGPC Inflows

The full settlement of arrears owed to international oil companies, together with higher domestic fuel prices, is expected to support Egypt's oil and gas production, improve the Egyptian General Petroleum Corporat ...

Egypt Expands Exploration Frontier with Landmark Western Desert Seismic Survey

Egypt is preparing a seismic survey spanning about 110,000 km² in the western Western Desert near the Libyan border, aimed at building a new geological and geophysical database and attracting oil and gas investmen ...

Egypt Targets 20% Increase in Exploration and Production Activities in 2026

Egypt targets a 20% increase in exploration and production activities in 2026, alongside refinery upgrades, new gas processing capacity, and digital initiatives aimed at boosting domestic output, reducing imports, ...

Egypt, Apache Fast-Track Western Desert Gas Development to Boost Supplies

Karim Badawi, Minister of Petroleum and Mineral Resources, met with John J. Christmann IV, Apache Corporation CEO, and several company executives to discuss Apache’s recent discoveries in Egypt’s Western Desert th ...

Badawi : Egypt’s Oil Output Hits Two-Year High

Karim Badawi, Minister of Petroleum and Mineral Resources (MoPMR), said Egypt’s crude oil production has hit its highest level in nearly two years. He credited settling outstanding payments to investment partners ...

Khalda Petroleum Brings New Western Desert Gas Discovery Onstream at 40 mmcf/d

Khalda Petroleum has started production from the newly discovered Wanda deep natural gas exploration well in Egypt’s Western Desert at an initial rate of 40 million cubic feet per day (mmcf/d). Natural gas flow fr ...

EGPC Reviews JV Exploration Progress and Outlines Five‑Year Plan

The Egyptian General Petroleum Corporation (EGPC) hosted a meeting with several exploration managers from joint venture companies (JVs) to review exploration and appraisal activities as well as discuss the petrole ...

EGPC CEO Reviews Agroud Crude Oil Storage Upgrades

Salah Abdel Kerim, CEO of the Egyptian General Petroleum Corporation (EGPC), inspected development at the Agroud storage facility.

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