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.
The Egyptian General Petroleum Corporation (EGPC) will purchase Maersk Drilling Company's 50% stake in the Egyptian Drilling Company (EDC) for $100 million.
The Egyptian General Petroleum Corporation (EGPC) sold 550,000 butane cylinders during the past two weeks as the temperature fell and butane consumption increased.
The Egyptian General Petroleum Corporation (EGPC) signed three oil and gas exploration and production (E&P) agreements worth $50 million.
Overall consumption of diesel edged up in September and October to 2.5 million tons.
The Egyptian General Petroleum Corporation (EGPC) denied reports spread on social media that a number of gasoline stations were mixing water with their gasoline.
Daily demand for diesel has fallen by more than 12% since this summer.
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.
The Egyptian General Petroleum Corporation (EGPC) plans to launch a new exploration and production (E&P) tender for onshore oil blocks.
Operations at the Egyptian Refining Company’s (ERC) new refinery will begin next September.
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 ...