EGPC | Egypt Oil & Gas - Part 29

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.

EGPC Denies Reports of Diluted Gasoline

The Egyptian General Petroleum Corporation (EGPC) denied reports spread on social media that a number of gasoline stations were mixing water with their gasoline.

Egyptian Consumers Pumping Less Diesel

Daily demand for diesel has fallen by more than 12% since this summer.

Egypt Fills 250,000 Butane Cylinders per Week

The Egyptian General Petroleum Corporation (EGPC) is filling 250,000 butane cylinders per week in order to meet the needs of its residential and commercial sectors.

El Molla: EGPC to Launch New E&P Tenders

The Egyptian General Petroleum Corporation (EGPC) plans to launch a new exploration and production (E&P) tender for onshore oil blocks.

ERC’s $3.7B Refinery to Come Online Next September

Operations at the Egyptian Refining Company’s (ERC) new refinery will begin next September.

EGPC, Trident Petroleum Ink $2.4M E&P Deal

The Egyptian General Petroleum Corporation (EGPC) signed a $2.4 million exploration and production (E&P) agreement with Trident Petroleum Company for the drilling of four new wells in Magawish Block in the Gulf of ...

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