EGPC to Borrow $850M to Repay IOC Debts
The Egyptian Ministry of Finance approved issuing local currency guarantees for two loans to help the Egyptian General Petroleum Corporation (EGPC) repay debts owed to international oil companies (IOCs).
EGPC | Egypt Oil & Gas - Part 27
IOCs Consider Bids for Egyptian E&P Bid Rounds
Shell, Apache, and Mubadala Petroleum are considering submitting bids in the exploration and production (E&P) bid round that will be launched by the Egyptian General Petroleum Corporation (EGPC) for exploration ar ...
Egypt Opens Two E&P Bid Rounds for 27 Concessions
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, has announced the opening of two international bid rounds for exploration and production (E&P) during 2018.
EGPC Increases Diesel Supplies Ahead of Ramadan
Egypt has increased the daily amounts of diesel delivered to the local market to around 41,000 tons.
Eni, Lukoil to Build Natural Gas Processing Plant in Egypt
Italy’s Eni and Russian Lukoil will work with the Egyptian General Petroleum Corporation (EGPC) to build a natural gas processing facility in Egypt’s Western Desert.
Egypt to Receive Third Iraqi Crude Oil Cargo in June
Egyptian ports will receive the third cargo of 2 million barrels of Iraqi crude oil at the end of June 2018.
Egypt to Complete Gahdam Fuel Warehouse in 7 Months
Egypt will complete the construction of the Gahdam fuel warehouse in Assiut within seven months.
Cabinet Approves Exploration and Development in Nile Delta
The Egyptian Cabinet has approved a decree allowing Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla to contract with the Egyptian General Petroleum Corporation, the Italian Egyptian Oil Company ...
Egypt’s Daily Crude Oil Production Increases by 4.3%
Egypt's daily crude oil production has increased by 4.3% so far in 2018, compared to 2017, said head of the Egyptian General Petroleum Corporation (EGPC) Abed Ezz El Regal.
Egypt Crude Production Reaches 660,000 b/d
Egypt is currently producing around 660,000 barrels per day (b/d) of crude oil.
