EGPC | Egypt Oil & Gas - Part 60
Bapetco Increases Production to 132,600 B/D, Adds 5M in Oil Reserves
The chairman of Badr El Din Petroleum Company (Bapetco), a joint venture between the EGPC and Royal Dutch Shell, recently announced the addition of exploratory well Bed3C6-1 to production, Daily News Egypt reported. T...
Petrosalam Hands Over Gulf of Suez Concessions to EGPC
Petrosalam handed over its exploration concession Northwest October in the Gulf of Suez to EGPC, reported Al Borsa Newspaper Petrosalam began exploration work in January but had to discontinue its operations due to t...
EGPC: New Petroleum Projects Exceeding EGP2.6 Bn
EGPC sources revealed to Al-Mal newspaper that six new investment projects to develop a network for transporting petroleum derivatives and fuel all over the country at an expected cost of more than EGP 2.6 billion wil...
Italy’s Technip Lands Deal to upgrade Egypt’s ASORC & MIDOR
echnip Italy, a world leader in project management for the energy industry, has finalised two joint agreements valued at a total of US$2.9 billion with Egypt-based companies for upgrades of two refineries there. The c... Egypt to Pay Part of Its Dues to Foreign Companies by End of 2015
The Egyptian General Petroleum Corporation aims to repay part of its debt to foreign companies operating in Egypt by the end of the year, said Tariq al-Mulla, chairman of the authority. The Egyptian General Petroleum ...
EGPC Boosts Petroleum Products by 10%
The Egyptian General Petroleum Corporation (EGPC) announced an increase in the domestic market supply of petroleum products by 10% to meet the expected increase in demand during the feast, reported Al Mal. The increas...
EGPC Studying Magapetco’s Hurghada extension request
An official source at EGPC told Al Mal newspaper that the Magawish Petroleum Company (Magapetco) was in negotiations with EGPC to discuss the possibility of extending the oil exploration concession in Hurghada for a 1...
EGPC, Suez Canal, CBE Drowning in Dues
Tax arrears from the Egyptian General Petroleum Authority (EGPC), Suez Canal and the Central Bank of Egypt (CBE) have reached EGP 35bn, Tax Authority Head Abdel Moneim Matar said on Tuesday. He also noted that the amo... 
