EGPC | Egypt Oil & Gas - Part 25

HSBC-led Consortium Issues $1B Loan for Petroleum Export Limited

HSBC-led consortium of international and Gulf banks will provide a $1 billion loan for Petroleum Export Limited, which is a subsidiary of the Egyptian General Petroleum Corporation (EGPC).

ENOC to Market Jet Fuel in Egypt

The Egyptian General Petroleum Corporation (EGPC) has signed an agreement that will allow Emirates National Oil Company (ENOC) to sell jet fuel in Egypt.

EOG Holds Field Best Practices Workshop at QPC

The one-day workshop took place at Qarun field in the Western Desert, and represented an opportunity for field engineers to share best practices in oil and gas upstream operations.

Oil Ministry Signs $1B E&P Agreement with Shell

The Egyptian General Petroleum Corporation (EGPC) has signed an exploration and production (E&P) agreement with Royal Dutch Shell and Malaysia’s Petronas worth $1 billion.

Oil Ministry Signs Three Exploration Agreements Worth $139.2M

Oil minister Tarek El Molla has signed three new exploration contracts to drill 15 wells in the Mediterranean and the Western Desert with an investment budget of $139.2 million and a $55 million signing grant.

EGPC, BP Sign $46M Gulf of Suez E&P Deal

The Egyptian General Petroleum Corporation (EGPC) and BP have signed a $46 million oil and gas exploration and production (E&P) deal for the Eastern Ramadan area in the Gulf of Suez.

EGPC, Apache Reach $39M Deal To Drill Seven Oil Wells

The Egyptian General Petroleum Corporation (EGPC) signed a $9 million agreement with Apache on July 18 to drill seven oil wells in the East Bahariya concession in the Western Desert with a signature grant of $30 m ...

EGPC Hires HSBC to Raise $1B Loan

The Egyptian General Petroleum Corporation (EGPC) has hired HSBC to arrange a loan of around $1 billion.

Egypt Receives Third Cargo of Iraqi Crude in 2018

Egypt has received 2 million barrels of Iraqi crude, the third shipment of 2018.

Apache to Drill East Bahariya Wells in 2018

Apache will start drilling new oil wells in the East Bahariya concession in the Western Desert during Q3 2018.

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