exploration and production | Egypt Oil & Gas - Part 2

Canada’s TAG Oil Reveals 2026 Drilling Plans in Western Desert

Tag Oil, Canadian based international oil and gas exploration company, is preparing to drill a  T-200 vertical well in the Badr Oil Field (BED-1) concession located in the Western Desert in 2026, according to its ...

GUPCO Strikes 2,500 bbl/d in the Gulf of Suez

Gulf of Suez Petroleum Company (GUPCO) has completed the drilling of a new exploratory well, South Wasl BB, in the Gulf of Suez. Well tests yielded production rates of about 2,500 barrels of oil per day(bbl/d) and ...

Capricorn Energy Output Hits 20,000 boe/d in 2025

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 ...

GPC to Drill 66 Wells with EGP 8 Bn Investments in FY 2026/27

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, HELLENiQ ENERGY Sign Offshore Greece Exploration Leases

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 ...

EGPC Eyes Improved Decision-Speed via In-House Digital Solutions

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 ...

GUPCO Lifts Output to 65,000 bbl/d as Al Wasl-4 Comes Onstream

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 ...

Four New Discoveries in Western Desert Add 4,500 bbl/d of Oil

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 ...

Badawi Updates PM on Gas Projects, Sector Developments

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 ...

EGAS Executive MD Reviews WASCO’s Drilling and Production Progress in Nile Delta

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 ...

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