EGPC | Egypt Oil & Gas - Part 41

Egypt’s Oil Ministry Mulls Revival of Seabird Bid in Gulf of Suez

The Ministry of Petroleum is considering the revival of the seabird (Tair al-Bahr) bid in the southern Gulf of Suez and the inclusion of an Egyptian partner in order to increase the role of Egyptian companies in petr ...

Egypt SuMed Pipeline Yet to Accept Iran Oil After Sanctions

Crude oil producers in Egypt and Gulf States have yet to let Iran resume oil shipments through a pipeline they operate to supply customers in Europe and the Mediterranean Sea region.

EGPC: Egypt Aims to Achieve Fuel Self-Sufficiency by 2020

The Egyptian General Petroleum Corporation's Vice Chairman stated that the petroleum sector had managed to meet all of the state and industrial needs of petroleum products last year and aims to achieve fuel self-suff ...

Egypt Secures Crude Refining Deal with Azerbaijan

The Egyptian government and Azerbaijan have reached an agreement on refining 500,000 barrels of crude oil per month in the Egyptian refineries and exchanging Egypt’s naphtha with petrol 95.

EGPC Aims to Increase Refineries’ Capacity in 2017

The Egyptian General Petroleum Corporation (EGPC) aims to increase refineries capacity to reach 30m tons of crude oil in the second half of 2017.

Petroleum Minister Issues New Promotions

Minister of Petroleum and Mineral Resources Tarek El-Molla issued promotions and transfers in the petroleum sector.

EGPC to Issue New Bid Rounds in Q1

The Egyptian General Petroleum Corporation (EGPC) will issue a new international bid round for oil and gas exploration as Q1 comes to an end.

Hamdi Abdel Aziz: No Truth to Threats From Oil Companies

In an official press release from the Ministry of Petroleum, Hamdi Abdel Aziz, the Ministry of Petroleum’s official spokesman denied what was published in a newspaper about threats made by four oil companies to withd ...

Supplying Gas to 1.6m Households Aids Egyptian Budget

The EGPC is developing plans to connect homes in all provinces, delivering gas to 1.6m residential units, beginning with the slum areas during 2016.

Foreign Oil Investments in Egypt Total $7.5b in FY 2016-2017

Foreign energy company investments in research, exploration and development in Egypt’s oil sector in the next fiscal year amount to around $7b.

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