EGPC | Egypt Oil & Gas - Part 30
Egypt Reviews Financial Offers for E&P Tender
Egypt has reviewed financial offers for the exploration and production (E&P) tender launched for Egyptian concessions, Abed Ezz El Regal, head of the Egyptian General Petroleum Corporation (EGPC), told Akhbar El Y...
Petroleum Sector to Repay $1B to IOCs Each Year
The Egyptian oil and gas sector plans to repay $1 billion each year to international oil companies (IOCs) that work in Egyptian concession areas, an official source at the Egyptian General Petroleum Corporation (EGPC)...
Banking Consortium Offers EGP 10B Loan to EGPC
A banking consortium has offered to loan the Egyptian General Petroleum Corporation (EGPC) EGP 10 billion to import oil and to settle part of its debts to the Ministry of Electricity, Al Mal reported. The consortium i... Egypt Agrees $1.7B Settlement in Arbitration Case with Israel
Egypt has agreed to pay Israel a $1.7 billion settlement in the arbitration case filed by the Israel Electric Company (IEC) against the Egyptian Natural Gas Holding Company (EGAS) and the Egyptian General Petroleum Co...
EGPC to Sign Contracts for 2018 E&P Tender in 2019
The Egyptian General Petroleum Corporation (EGPC) is preparing to sign the contracts related to the exploration and production (E&P) tenders it launched in 2018, a source at EGPC told Amwal Al Ghad. The contracts ...
EGPC Eyes $750M Loan
The Egyptian General Petroleum Corporation (EGPC) is studying obtaining a $750 million loan from foreign lenders, Amwal Al Ghad reported. EGPC and its subsidiaries are considered major local borrowers, taking loans in...
Egypt’s Production of Crude Oil and Condensates Increases to 660,000 b/d
Egypt’s crude oil and condensates production increased to 660,000 barrels per day (b/d) in October 2018, Abed Ezz El Regal, head of the Egyptian General Petroleum Corporation (EGPC), told Amwal Al Ghad. Production gre... Banque Misr Approves $181.5M Letter of Credit to EGPC
Banque Misr approved granting a letter of credit worth $181.5 million for the Egyptian General Petroleum Corporation (EGPC), an official at the bank stated, according to Arab Finance. The letter of credit aims to fina...
