EGPC Has Signed 439 Agreements Since ’73
Between 1973 and October 2017, the Egyptian General Petroleum Corporation (EGPC) signed 439 oil and gas agreements.
Between 1973 and October 2017, the Egyptian General Petroleum Corporation (EGPC) signed 439 oil and gas agreements.
Egypt’s exploration and production (E&P) agreements are linked to its local-content policies (LCPs).
The Egyptian General Petroleum Corporation (EGPC) produces approximately 290,000 tons of diesel per week.
Egypt expected to receive its last shipment of Iraqi crude oil—under April’s import agreement with Iraq—on October 17th.
Egypt possesses 2.4 billion barrels of oil and condensate reserves as of October 2017.
Egyptian companies must prioritize exploration and drilling for oil, the Minister of Petroleum and Mineral Resources, Tarek El Molla, said.
The Egyptian General Petroleum Corporation (EGPC) is planning to launch a new exploration and production (E&P) tender before the end of 2017.
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, announced new appointments and promotions.
Egypt produced an average of 626,000 barrels per day (b/d) of crude oil and condensates in fiscal year (FY) 2016/2017.
The Egyptian Petrochemicals Holding Company (ECHEM) is constructing a $3 billion petrochemical and refining complex in the Suez Canal Economic Zone.