EGPC | Egypt Oil & Gas - Part 5
ITFC, EGPC Sign $800Mn loan Agreement to Support Energy Sector
The Egyptian General Petroleum Corporation (EGPC) has signed $800 million loan agreement with the International Islamic Trade Finance Corporation (ITFC) to support the energy sector, noted a statement by the Ministry ...
EGPC Launches Internal Carbon‑Tracking Platform for Oil & Gas Sector
The Egyptian General Petroleum Corporation (EGPC) has launched a digital platform to monitor the sector’s carbon footprint, underscoring its commitment to digital transformation and environmental sustainability....
Egypt, bp, Harbour Sign Deal to Boost Mediterranean Output
The Egyptian General Petroleum Corporation (EGPC) and the Egyptian Natural Gas Holding Company (EGAS) have signed a Heads of Agreement (HoA) with both British Petroleum (bp) and Harbour Energy to establish the execut...
Egypt to Import Crude Oil from Algeria to Enhance Energy Security
The Egyptian General Petroleum Corporation (EGPC) and Algeria’s state-owned energy giant, Sonatrach, signed a Memorandum of Understanding (MoU) to establish an institutional framework for Egypt’s purchasing Alge...
Bapetco Drills 15 Wells in H1 of FY2025/26, Plans Two More in May
Badr El-Din Petroleum Company (Bapetco) drilled 15 new wells using nine rigs in the first half (H1) of Fiscal Year (FY) 2025/2026. This resulted in production of an average of 49,000 barrels of oil equivalent per day ...
Badawi Outlines Five-Year Infrastructure Plan to Reduce Imports
Karim Badawi, Minister of Petroleum and Mineral Resources, confirmed that the petroleum sector is executing an ambitious five-year plan to increase production by upgrading and expanding existing infrastructure, accord...
EGPC Targets Production Leap, Energy Security
The Board of Directors of the Egyptian General Petroleum Corporation (EGPC) held a meeting to review measures for accelerating production and securing domestic energy supplies. During the meeting, conducted via Video ...
Cabinet Approves two Concession Agreements for Oil and Gas Exploration
The Egyptian Cabinet approved a draft concession agreement for the exploration and exploitation of natural gas and crude oil in the Lotus offshore area in the Mediterranean Sea between the Egyptian government, the Egy...
