PetroNefertiti, a subsidiary of South Valley Egyptian Petroleum Holding Company (GANOPE), has discovered oil and gas at the Lorcan-6 exploration well in the North Geisum concession near Gebel El Zeit in Egypt’s Easter...
Senior petroleum officials outlined plans to boost domestic output, reinforce energy security, attract investment, and maximize natural gas value at the Mediterranean Petroleum Conference and Exhibition (MOC 2026). Gl...
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...
Magawish Petroleum Company (Magapetco) aims to increase its petroleum reserves to 3.2 million barrels (mmbbl) while maintaining its safety performance at 3.5 million safe working hours, as part of a development plan a...
Egypt is preparing a seismic survey spanning about 110,000 km² in the Western Desert near the Libyan border, aimed at building a new geological and geophysical database and attracting oil and gas investment in this la...
Backed by new investments from Canada’s Mediterra Energy, Egypt has resumed drilling operations at the Baraka oil field, at the Kom Ombo Concession, following a four-year suspension, noted a statement by the Min...
The South Valley Egyptian Petroleum Holding Company (Ganope) has launched a program to revive production wells at the Al Baraka oil field in the Kom Ombo block, Aswan Governorate, as part of the Ministry of Petroleum...
The South Valley Egyptian Petroleum Holding Company (Ganope) has announced an extension of the closing date for the Red Sea international bid Round to Monday, June 29, 2026, at 12:00 PM Cairo local time. By extending ...
Expanding investment opportunities across Egypt’s geological basins was the focus of the meeting that Karim Badawi, Minister of Petroleum and Mineral Resources, held with Egypt Upstream Gateway (EUG). Badawi in partic...
South Valley Egyptian Petroleum Holding Company (Ganope) targets revenues exceeding EGP 4 billion and net profits surpassing EGP 1 billion in the fiscal year (FY) 2026/27, according to the company’s Chairman, As...