GPC to Drill 18 Wells in 2017/2018

• Monday, 16th January 2017
• by Sarah Samir

An official at the Egyptian firm 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. Under GPC’s general...

GUPCO to Invest $538m in FY 2017/2018

• Wednesday, 11th January 2017
• by Sarah Samir

An official at the Gulf of Suez Petroleum Company (GUPCO) stated to Egypt Oil&Gas that the company has allocated $538m investments in the new budget of fiscal year 2016/2017. The company will the $538m in drilling...

Pharaonic Petroleum to Invest $500m in Egypt

• Tuesday, 10th January 2017
• by Sarah Samir

Pharaonic Petroleum Company has announced that its board of directors estimated the new budget of fiscal year 2017/2018 to be $500m, reported The Middle East North Africa Financial Network. Pharaonic Petroleum Company...