EGPC | Egypt Oil & Gas - Part 3

Magawish Petroleum Targets 3.2 mmbbl in Reserves

Magawish Petroleum Company (Magapetco) aims to increase its petroleum reserves to 3.2 million barrels (mmbbl) while maintaining its safety performance at 3.5 million safe working hours, as part of a development plan a...

IMF Notes Egypt’s Arrears Settlement Gains, Stresses Effort to Boost EGPC Inflows

The full settlement of arrears owed to international oil companies, together with higher domestic fuel prices, is expected to support Egypt’s oil and gas production, improve the Egyptian General Petroleum Corpor...

Egypt Expands Exploration Frontier with Landmark Western Desert Seismic Survey

Egypt is preparing a seismic survey spanning about 110,000 km² in the Western Desert near the Libyan border, aimed at building a new geological and geophysical database and attracting oil and gas investment in this la...

Egypt Targets 20% Increase in Exploration and Production Activities in 2026

Egypt plans to increase exploration and production activities by around 20% during 2026, as part of new contractual models aimed at shortening well drilling timelines and accelerating exploration programs and their re...

Egypt, Apache Fast-Track Western Desert Gas Development to Boost Supplies

Karim Badawi, Minister of Petroleum and Mineral Resources, met with John J. Christmann IV, Apache Corporation CEO, and several company executives to discuss Apache’s recent discoveries in Egypt’s Western Desert throug...

Badawi : Egypt’s Oil Output Hits Two-Year High

Karim Badawi, Minister of Petroleum and Mineral Resources (MoPMR), said Egypt’s crude oil production has hit its highest level in nearly two years. He credited settling outstanding payments to investment partners in J...

Khalda Petroleum Brings New Western Desert Gas Discovery Onstream at 40 mmcf/d

Khalda Petroleum has started production from the newly discovered Wanda deep natural gas exploration well in Egypt’s Western Desert at an initial rate of 40 million cubic feet per day (mmcf/d). Natural gas flow from t...

EGPC Reviews JV Exploration Progress and Outlines Five‑Year Plan

The Egyptian General Petroleum Corporation (EGPC) hosted a meeting with several exploration managers from joint venture companies (JVs) to review exploration and appraisal activities and discuss the petroleum sector’s...

EGPC CEO Reviews Agroud Crude Oil Storage Upgrades

Salah Abdel Kerim, CEO of the Egyptian General Petroleum Corporation (EGPC), inspected development at the Agroud oil storage facility. Located in Suez governorate and operated by the Petroleum Pipelines Company (PPC),...

EGPC CEO Inspects Oil Storage Facilities in Eastern Desert

Salah Abdel Kerim, CEO of the Egyptian General Petroleum Corporation (EGPC), inspected the strategic crude oil storage facilities in Ras Gharib and at Ras Shukeir in the Eastern Deserts as part of implementing the Min...

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