The Egyptian General Petroleum Corporation raised its stake in Egyptian Refining Company, upping overall public stake to 49.5 per cent in a new oil refinery, says company's chairman.
Pharaonic Petroleum Company is preparing to drill an exploratory well in its concession area of Port Said during the middle of the current year of 2011, according to the company's drilling plan.
Eng. Abdallah Ghorab, Minister of Petroleum, appointed Eng. Hany Dahy, former Chairman of Enppi, as the Chairman of the Egyptian General Petroleum Corporation (EGPC).
The Ministry of Petroleum oversees four holding companies that manage all elements of the oil and gas business and form joint ventures with international partners: EGAS, ECHEM, GANOPE, and EGPC.
''The General Petroleum Company (GPC) is working on the rehabilitation of both Bakr and Amer fields aiming to boost production from those two fields,'' an official source at the Egyptian General Petroleum Corporation ...
Sameh Fahmy, the Egyptian minister of petroleum, has signed three new agreements. EGPC teamed up with GANOPE to sign the contracts in the Western Desert area.
The Egyptian General Petroleum Corporation (EGPC) has reissued a tender to sell up to 50% of the naphtha cargoes left over from its H2 2010 term cycle, according to trade sources.