EGPC | Egypt Oil & Gas - Part 31
International Banking Consortium Lends EGPC $1B
The Egyptian General Petroleum Corporation (EGPC) has signed the final contract for a $1 billion loan with a consortium consisting of 13 international and Arab financial institutions, sources told Al Mal. The loan wil...
HSBC-led Consortium Issues $1B Loan for Petroleum Export Limited
HSBC-led consortium of international and Gulf banks will provide a $1 billion loan for the Petroleum Export Limited, which is a subsidiary of the Egyptian General Petroleum Corporation (EGPC), banking source told Al S...
ENOC to Market Jet Fuel in Egypt
The Egyptian General Petroleum Corporation (EGPC) has signed an agreement that will allow Emirates National Oil Company (ENOC) to sell jet fuel in Egypt, Egypt Oil & Gas reports. The agreement comes in line with b...
EOG Holds Field Best Practices Workshop at QPC
Egypt Oil & Gas (EOG) held the Field Best Practices Workshop at Qarun field in the Western Desert, under the High Patronage of H.E. Eng. Tarek El Molla, Egypt’s minister of petroleum. The one-day workshop, t...
Oil Ministry Signs $1B E&P Agreement with Shell
The Egyptian General Petroleum Corporation (EGPC) has signed an exploration and production (E&P) agreement with Royal Dutch Shell and Malaysia’s Petronas worth $1 billion, Egypt Oil & Gas reports. Under the te...
Oil Ministry Signs Three Exploration Agreements Worth $139.2M
Oil minister Tarek El Molla signed three new exploration contracts to drill 15 wells in the Mediterranean and the Western Desert with an investment budget of $139.2 million and a $55 million signing grant, Egypt Oil &...
EGPC, BP Sign $46M Gulf of Suez E&P Deal
The Egyptian General Petroleum Corporation (EGPC) and BP have signed a $46 million oil and gas exploration and production (E&P) deal for the Eastern Ramadan area in the Gulf of Suez, Mubasher reported. A $4 millio...
EGPC, Apache Reach $39M Deal To Drill Seven Oil Wells
The Egyptian General Petroleum Corporation (EGPC) signed a $9 million agreement with Apache on July 18 to drill seven oil wells in the East Bahariya concession in the Western Desert with a signature grant of $30 milli...
