EGPC | Egypt Oil & Gas - Part 45

EGPC | Egypt Oil & Gas - Part 45

Banks to Loan $200m to EGPC

The Egyptian General Petroleum Corporation (EGPC) will sign a $200m loan agreement during with a banking consortium.

Egypt to Pay EGP 16b in Fuel Subsidies

Egypt's petroleum subsidies' bills will exceed EGP 16b in the second quarter of the current fiscal year 2016/2017.

Egypt Accepted 6 IOCs’ Oil, Gas Bids for $200m

Egypt has accepted six bids from international companies to drill 33 wells in six different areas for a total investment of $200m.

EGPC to Announce Exploration Bid Results

The Egyptian General Petroleum Corporation (EGPC) will announce the foreign companies selected in the exploration tender the research and exploration of oil and natural gas in 11 areas.

Egypt to Launch Oil Tender

The Egyptian General Petroleum Corporation (EGPC) will launch a new tender in December in order to cover the domestic demand for petroleum products and makeup for halted Saudi Aramco shipments.

Apache to Grow Investments in Egypt

US Apache is bidding for an exploration license in Egypt's Western Desert concession through its Egyptian joint venture company Khalda Petroleum.

Egypt to Cover Butane Demand

The Egyptian General Petroleum Corporation (EGPC) has enough butane reserves to cover 15 days of the local market demands.

El Molla Attended Petroleum Health, Safety Workshop

Egyptian Minister of Petroleum attended Petroleum Health, Safety and Environment Protection Workshop in November.

EGPC to Revive Gounat El Petrol

The Egyptian General Petroleum Corporation (EGPC) will fund EGP 90m for the development of "Gounat El Petrol" docking area within Alexandria Port.

Egypt to Import More Fuel

The Egyptian General Petroleum Corporation (EGPC) is considering to launch a tender to import 700,000 tons of benzene, diesel, and, mazut oil, with the Ministry of Finance securing $300m to buy the needed cargos by m ...

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