UK-listed Capricorn Energy PLC reported 2025 production in Egypt of 20,024 barrels of oil equivalent per day (boe/d), exceeding the midpoint of its 17,000–21,000 boe/d guidance. By year's end, the company's record ...
The General Petroleum Company (GPC) targets drilling 66 wells, including 8 exploratory ones, with total investments of EGP 8 billion during the coming fiscal year, Chairman Mohamed Abdel Mageed told the company' ...
Chevron Corporation, the upstream-focused producer, has signed lease agreements with the Hellenic Republic, paving the way for hydrocarbon exploration in four offshore blocks in Greece, in partnership with HELLENi ...
As part of efforts to implement the five-year plan to boost production and enhance exploration activities, the Egyptian General Petroleum Corporation (EGPC) held a forum titled “The Systems We Built,” which showca ...
Gulf of Suez Petroleum Company (GUPCO) has brought on stream the development well, Al Wasl-4 in North Safa field. The well is producing around 2,250 (bb/d) of crude oil and approximately 1.3 million cubic feet per ...
Drilling operations in four exploratory wells in the Western Desert yielded positive results, adding approximately 4,500 barrels per day (bbl/d) of crude oil and 2.6 million standard cubic feet per day (mmscf/d) o ...
The Ministry of Petroleum and Mineral Resources (MoPMR) has completed 90% of the planned works to connect natural gas to households under the presidential Decent Life initiative. During a meeting with Prime Minist ...
Four natural gas wells have been successfully drilled in the Nile Delta as part of an 11-well development program by El Wastani Petroleum Company (WASCO). The news wells are aimed at boosting national output. The ...
The Egyptian General Petroleum Corporation (EGPC) has signed an oil and gas exploration agreement with UK-based Terra Petroleum, marking the company’s first operations in Egypt. The agreement, worth $6.5 million i ...
Under its $100 million investment plan in Egypt, Dana Gas PJSC made a new gas discovery in the Nile Delta with initial reserves estimated at 15–25 billion cubic feet (bcf). The discovery came as El Wastani Petrole ...
