EGPC | Egypt Oil & Gas - Part 6
Eni to Renew North Port Said Concession
The Egyptian General Petroleum Corporation (EGPC) signed a binding Memorandum of Intent (MoI) with Italian energy giant Eni to renew its North Port Said concession. The agreement includes the El Gamil strategic facili...
Apache Makes New Natural Gas Discovery in Egypt
US Apache, in collaboration with the Egyptian General Petroleum Corporation (EGPC), has made a new natural gas discovery in the Western Desert, following the drilling of the SKAL-1X exploratory well in the South Kalab...
Brent Climbs Above $78 Amid Gulf Tensions, Shipping Disruptions
Global oil prices climbed sharply as escalating tensions in the Middle East and disruptions to shipping through the Strait of Hormuz heightened fears of supply shortages, pushing crude benchmarks to their highest leve...
Egypt Accelerates Horizontal Drilling to Boost Oil and Gas Output
The petroleum sector is fast-tracking the deployment of horizontal drilling and hydraulic fracturing technologies to unlock hard-to-reach oil and gas reserves and drive a significant increase in crude and natural gas ...
Capricorn Energy Eyes Expansion of Operations in Western Desert
Karim Badawi, the Minister of Petroleum and Mineral Resources, held talks with senior executives from UK-based Capricorn Energy to review the company’s operations in the Western Desert and its plans to raise oil and g...
EGPC Transitions to Performance-Based Contracting in well drilling deals
The Egyptian General Petroleum Corporation (EGPC) concluded a two-day forum to discuss the strategy for transitioning to “Performance-Based Contracting Models”(PBC) in well drilling deals. PBC is a procure...
EGPC Eyes Improved Decision-Speed via In-House Digital Solutions
As part of efforts to implement the five-year plan to boost production and enhance exploration activities, the Egyptian General Petroleum Corporation (EGPC) held a forum titled “The Systems We Built,” which showcased ...
EGPC Outlines Strategic Priorities for Egypt’s Oil and Gas Sector
Within the framework of the Ministry of Petroleum and Mineral Resources’ directives, the Egyptian General Petroleum Corporation (EGPC) organized an extensive meeting that included the new chairmen and operations...
