EGPC | Egypt Oil & Gas - Part 39
Oil Minister Held Third Review Meeting on Zohr
Egypt's Minister of Petroleum and Mineral Resources, Tarek El Molla, chaired the third regular committee meeting evaluating the execution phases of the Zohr field project development.
EGPC Announced International Bid Rounds
The Egyptian General Petroleum Corporation (EGPC) announced launching a new international bid round for 2016 for oil research and exploration, according to a press release received by Egypt Oil&Gas.
EGPC Official: Oil Price Rise Disfavorable to Energy Subsidies
An official at the Egyptian General Petroleum Corporation (EGPC) told Egypt Oil&Gas that the rise in oil prices that would exceed $50 a barrel may pose a threat to energy subsidies as currently itemized in the new fi ...
Egypt’s Average Gas Production Sees Declines
Egypt's Oil Ministry has published a report stating that country’s average production of natural gas declined to 3.8bcf/d in 2016, down from 4.4bcf/d in 2015.
Oil Ministry Eyes Foreign Investment Rise by $1b
Egypt's petroleum ministry is eyeing larger foreign investments in drilling and exploration projects to amount to $8.5b by the end of fiscal year 2015-16, up by $1b.
Egypt’s Petrotrade Negotiating EGP 4b Bank Loan
Egypt’s Petroleum Services Petrotrade holds negotiations with local banks to borrow EGP 4b to be able to pay the dues of the Egyptian General Petroleum Corporation (EGPC) related to oil products.
EGPC, Edison to Develop Abu Qir’s 2nd Phase
Egypt’s General Petroleum Corporation (EGPC) has inked a cooperation agreement with Italy’s Edison International to develop the second phase of the offshore Abu Qir gas field.
Oil Minister Evaluated Zohr Operation Developments
Tarek El-Molla, Minister of Petroleum and Mineral Resources, held the second monthly meeting with the higher committee - EGAS, EGPC, Petrobel, and ENI to follow up on the implementation phases of the Zohr field and e ...
