EGPC | Egypt Oil & Gas - Part 25
EGPC, Methanex Sign MoU Promoting PSM
The Egyptian General Petroleum Corporation (EGPC) CEO, Abed Ezz El Regal, and Methanex Egypt Managing Director, Mohamed Shindy, signed a Memorandum of Understanding (MoU) in the presence of H.E. Tarek El Molla, Minist...
El Molla Signs Nine E&P Agreements Worth $452 M
The Minister of Petroleum and Mineral Resources, Tarek El Molla, signed nine agreements for exploration and production (E&P) activities in the Mediterranean and the Western Desert with investments worth $452.3 mil...
El Molla Approves NOCs Budget for FY 2020/2021
National oil companies (NOCs) are now being prepared to hit new targets and achieve new goals in 2020 in light of the sector’s strategy to carry on its Modernization Project to develop its activities and boost the pro...
Egypt Signs Four E&P Agreements with $155 M
The Ministry of Petroleum and Mineral Resources signed four agreements for oil and natural gas exploration and production (E&P) operations in the Western Desert, Gulf of Suez, and Nile Valley with minimum investme...
Diesel Consumption Increases to 1.1 MM Tons
Egypt’s diesel consumption has increased to 1.1 million tons per month, a 0.1 million tons year-on-year increase, Abed Ezz El Regal, CEO of the Egyptian General Petroleum Corporation (EGPC), announced, according...
New Petroleum Discovery Achieved in the Western Desert
The Borg El-Arab Petroleum Company has made a new petroleum discovery in the ASH-2 area of Abu Senan concession in the Western Desert, with a production rate of 7,000 barrel of crude oil per day and 10 million cubic f...
Butane Production Increases to 140,000 Tons
The CEO of the Egyptian General Petroleum Corporation (EGPC), Abed Ezz El Regal, said that the rate of butane production has increased by 27,000 ton, reaching a total production of 140,000 tons per month, Amwal El Gha...
Egypt Signs Agreement with ITFC Worth $1.1 B
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has witnessed the signing of an executive agreement with the International Islamic Trade Finance Corporation (ITFC), to finance petroleum products impor...
