NBE to Manage Cash Revenues of Zohr
EGPC, NBE sign an agreement to manage cash revenues of Egypt's giant natural gas field Zohr.
EGPC | Egypt Oil & Gas - Part 22
Egypt’s Diesel Consumption Reaches 305,000 Tons/Week
Diesel consumption in the Egyptian market reached around 305,000 tons per week across all sectors, Abed Ezz El Regal, Head of the Egyptian General Petroleum Corporation (EGPC), said.
Egyptian Oil Firms Seeking to Double EGP 10 B Loan
Egypt’s Co-Operation Petroleum Company (COOP) and Misr Petroleum Company sent a letter to an Egyptian banking consortium asking to double an EGP 10 billion loan, which was granted late 2014.
Cabinet Approves 4 E&P Agreements
The Cabinet approved four oil and gas exploration and production (E&P) agreements worth $230 million.
EGPC Distributes 300,000 Butane Cylinders Last Week
The Egyptian General Petroleum Corporation (EGPC) distributed 300,000 butane cylinders within the last week.
Capacity of Egypt’s Refineries Rises to 39M Tons
The production capacity of Egypt’s refineries rose to 39 million tons per year after the rehabilitation of several refineries.
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.
EGPC Sells 550K Butane Cylinders in Two Weeks
The Egyptian General Petroleum Corporation (EGPC) sold 550,000 butane cylinders during the past two weeks as the temperature fell and butane consumption increased.
EGPC Signs 3 E&P Agreements with a Combined Value of $50M
The Egyptian General Petroleum Corporation (EGPC) signed three oil and gas exploration and production (E&P) agreements worth $50 million.
EGPC Official: Two-Month Diesel Consumption at 2.5M Tons
Overall consumption of diesel edged up in September and October to 2.5 million tons.
