Egyptian General Petroleum Corporation (EGPC) | Egypt Oil & Gas

EGPC Records 63 Discoveries, Refines 28 Mn Tons of Crude in FY 2025/26

The Egyptian General Petroleum Corporation (EGPC) recorded 63 new oil and gas discoveries and refined around 28 million tons of crude during fiscal year (FY) 2025/26, as it worked to raise domestic production and meet...

Cabinet Allows Production to Continue at Expiring Petroleum Development Areas

Egypt’s Cabinet, chaired by Prime Minister Mostafa Madbouly, approved a Ministry of Petroleum and Mineral Resources request to continue production from petroleum development areas where contracts have expired or are n...

EGPC Reviews FY 2025/26 Results for PetroZenima and Alamein Petroleum

Salah Abdel Kerim, CEO of the Egyptian General Petroleum Corporation (EGPC), reviewed PetroZenima and Alamein Petroleum’s FY 2025/26 results, with the companies focusing on production growth, reserve development, and ...

Badawi Reviews Developments at Alamein’s El Hamra Petroleum Port, Mirroring UAE’s Al Fujairah

  Karim Badawi, Minister of Petroleum and Mineral Resources (MoPMR), has paid a field visit at El Hamra Petroleum Port in the New Alamein City to inspect the ongoing development and expansion works. Following the...

GPC Operates Modern Drilling Rigs in Eastern Desert, To Drill 75 Oil Wells in One Year

As part of the Ministry of Petroleum and Mineral Resources’ strategy to boost domestic production, the General Petroleum Company (GPC) has started operating the first of three modern 1,000-horsepower drilling rigs, su...

Misr Petroleum Launches Unified SAP System

A united system for management of resources and assets (SAP) of the Egyptian General Petroleum Corporation (EGPC) has been recently launched by Misr Petroleum Co., a step that forms a crucial add to the work of the co...

Suez Canal Bank Sells Midor Stakes to EGPC for $30.6 MM

The Suez Canal Bank has sold its 1.27% stake in the Middle East Oil Refinery (Midor) for $30.6 million to the Egyptian General Petroleum Corporation (EGPC), according to a statement. The bank added that the capital ga...

El Molla Initials Contracts with Winners of Red Sea Bid Round

Minister of Petroleum and Mineral Resources Tarek El Molla announce the initial signing with the winning companies of the Red Sea bid round. Currently, legislative measures are being taken to submit a proposal to the ...

Enppi, Petrojet Completes Ain Sukhna’s SUMED Product Hub Project

Enppi and Petrojet have successfully executed Ain Sukhna’s SUMED Product Hub to meet the local market needs from petroleum products, imports, storages, and re-exports, according to a statement from Enppi. This is the ...

Protocols of Cooperation to Settle Decades-Old Financial Debts

In an effort to end the financial debts accumulated for more than 30 years, the Ministries of Electricity and Renewable Resources, Petroleum and Mineral Resources, Finance, and the General Public Sector signed three p...

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