Egypt | Egypt Oil & Gas - Part 5

Egypt Reaps $295M from Sukari Gold Mine in 2024

Egypt received $295.2 million total from the Sukari Mine during 2024. This was divided into $15.42 million in taxes, $28.78 million in royalties, and $251 million in dividends, according to AngloGold Ashanti's dis ...

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 pe ...

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 2 ...

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 product ...

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 i ...

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 drill ...

GUPCO and Partners Tap AI to Optimize Production

The Gulf of Suez Petroleum Company (GUPCO), in collaboration with Dragon Oil, organized a workshop on the optimal use of artificial intelligence (AI) applications in developing and enhancing production from brownf ...

Badawi, Expro Talk Boosting Oil, Gas Exploration, Technology

Karim Badawi, the Minister of Petroleum and Mineral Resources, and Expro, the international energy services company, met to discuss ways to enhance cooperation in drilling services and technological solutions for ...

Agiba Petroleum Boosts Iris, Arcadia West Production to 12,000 Boe/d in Western Desert

Agiba Petroleum Company, one of Eni’s joint ventures in Egypt, has increased the production rates from its Iris and Arcadia West areas in the Western Desert to 12,000 barrels of oil equivalent per day (boe/d). Thi ...

Egypt’s Cargas Showcases CNG Technology to Nigerian Delegation

The Natural Gas Vehicles Company (Cargas) received a delegation from the Nigerian Petroleum Sector, which was briefed on the Egyptian experience in converting cars to run on compressed natural gas (CNG), as one of ...

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