expansion | Egypt Oil & Gas
Ganope Lifts Output to 33,000 bbl/d, Targets 44,000 in FY 2026/27
South Valley Egyptian Petroleum Holding Company (Ganope) has raised its average crude output to about 33,000 barrels per day (bbl/d) in the current fiscal year, with plans to reach 44,000 bbl/d in FY 2026/27, Chairman...
NPIC Dedicates $100 Mn for Unlocking New Opportunities
North Petroleum International Company (NPIC), a subsidiary of China’s state-owned Zhenhua Oil Company, plans to boost production through the optimization of existing assets and the acquisition of new concessions. Duri...
Arab and African Markets Next Stop for CARGAS
Natural Gas Vehicles Company (CARGAS) is planning to expand into several Arab and African countries by establishing centers specialized in converting gasoline‑fueled vehicles to natural gas, said Khaled Raslan, the co...
Canadian Tag Oil to Expand its Western Desert exploration for unconventional resources
The Minister of Petroleum and Mineral Resources, Karim Badawi, received Abby Badwi, CEO of Canadian Tag Oil, operating in Egypt’s Badr-1 field in the Western Desert, to discuss the company’s plans to expa...
Emarat Misr Reviews 2024 Performance, Outlines Expansion Plans
Emarat Misr Petroleum Products Company held its general assembly in the presence of Minister of Petroleum and Mineral Resources, Karim Badawi, to discuss and approve the results of 2024. During the meeting, the compan...
Badawi Reviews Petrojet Business Plan, Expansion Strategy
Minister of Petroleum and Mineral Resources Karim Badawi held a meeting to discuss the strategy of Petrojet’s operations during the next period and explore the means for local and international expansion. At the...
QatarEnergy Expands in Egypt with 23% Acquisition in North El-Dabaa Offshore Block
QatarEnergy entered into an agreement with Chevron to acquire a 23% working interest in the concession agreement for the North El-Dabaa (H4) Block, in the Mediterranean Sea offshore Egypt. Pursuant to the agreement, Q...
ADNOC Distribution to Expand in Egypt, Adding 6 Stations Annually
Minister of Petroleum and Mineral Resources Tarek El Molla has met with Bader Al Lamki, CEO of the UAE’s ADNOC Distribution Company, and his accompanying delegation. El Molla stated that ADNOC’s presence in the Egypti...
