Egypt | Egypt Oil & Gas - Part 23
Shell Lubricants and EDC Enter Exclusive 5-Year Production Partnership
Shell Lubricants Egypt (SLE) and the Egyptian Drilling Company (EDC) have renewed their strategic partnership by signing a five-year agreement that places SLE as the exclusive supplier for EDC’s equipment and fleet of...
EGPC, ECS Join Forces to Promote Petroleum Exports, Attract Investments
The Egyptian General Petroleum Corporation (EGPC) and the Egyptian Commercial Service (ECS) are forming a joint action plan aimed at increasing the export of petroleum products and attracting new investments in resear...
Egypt Reaps $295M from Sukari Gold Mine in 2024
Egypt’s revenues from the Sukari Gold mine during 2024 amounted to $295.2 million. This is divided into $15.42 million in taxes, $28.78 million in royalties, and $251 million in dividends, according to AngloGol...
EGPC to Increase Crude Oil for Refining at Alexandria Petroleum Company
The Egyptian General Petroleum Corporation (EGPC) agreed to increase crude oil supplies to the Alexandria Petroleum Company (APC) refinery as well as accelerate the procedures needed to expand the production of petrol...
PETRONAS Egypt Empowers 1,600 Students at Mustafa Musharafa School with a Computer Lab
Under the patronage of Karim Badawi, Minister of Petroleum and Mineral Resources, PETRONAS, through its subsidiary in Egypt, inaugurated a newly refurbished computer lab at Mustafa Musharafa School on September 29. T...
AMOC Exceeds Production Targets While Expanding African Export Markets
The Alexandria Mineral Oils Company (AMOC) output of oils and waxes reached 172,000 tons in the fiscal year (FY) 2024/25, representing 108% of the target for the year. This was achieved while maintaining a production ...
Eni to Invest $8 Bn in Egypt’s Oil, Gas Sector Over Five Years
Eni plans to inject a total of $8 billion into the Egyptian market over the next five years, in cooperation with its partners, according to Guido Brusco, Eni Chief Operating Officer Global Natural Resources. The inves...
Badawi Praises Pharaonic Petroleum’s Performance in Surprise Visit
Pharaonic Petroleum Company (PHPC), a joint venture between BP and the Egyptian Natural Gas Holding Company (EGAS), briefed Minister of Petroleum and Mineral Resources Karim Badawi on updates to its production drillin...
