Fiscal Year Budget

GPC to Drill 18 Wells in 2017/2018

General Petroleum Company (GPC) stated to Egypt Oil&Gas that the company will drill 18 exploratory and development wells during the fiscal year 2017/2018.

GUPCO to Invest $538m in FY 2017/2018

Gulf of Suez Petroleum Company (GUPCO) has allocated $538m investments in the new budget of fiscal year 2016/2017.

Pharaonic Petroleum to Invest $500m in Egypt

Pharaonic Petroleum Company board of directors estimated the new budget of fiscal year 2017/2018 to be $500m.

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