General Assembly | Egypt Oil & Gas

EGAS to Drill 16 Wells, Targeting 6 Tcf in FY26/27

The Egyptian Natural Gas Holding Company (EGAS) added 28 new wells to Egypt’s gas production map through nine development projects, with investments totaling $1.12 billion, during fiscal year (FY) 2025/26, EGAS Execut...

NORPETCO Produces 12,700 b/d, Invests $91.4 Mn in FY 2025/26

North Bahariya Petroleum Company (NORPETCO), an Egyptian oil exploration and production company, drilled 13 wells and produced production of 12,700 barrels per day (b/d), while carrying out $91.4 million in operationa...

Misr Petroleum Reports EGP 230 Bn Revenue, 8 Mmt Sales in FY2025/26

Misr Petroleum, one of Egypt’s largest petroleum products marketing firms,  generated more than EGP 230 billion in revenue, sold over 8 million tons (mmt) of petroleum products and made around EGP 1 billion in investm...

BORAPETCO Surpasses FY 2025/26 Production Target by 4%

The output of Borg El Arab Petroleum Company (BORAPETCO) exceeded its targets for fiscal year (FY) 2025/26 by 4%, coming in at  4,322 barrels of oil equivalent per day (boe/d), according to Chairman Mostafa El-Meihy. ...

PetroAmir Holds Output at 973 bbl/d, GANOPE Backs PetroSafwa

PetroAmir Chairman Mohamed Abdel Raouf reviewed the company’s operational performance, reporting average production of 973 barrels per day (bbl/d) during the fiscal year (FY) 2025/26. He highlighted efforts to sustain...

Nasr Petroleum Boosts Gasoline, Diesel Output in FY 2025/26

Nasr Petroleum Company (NPC) processed around 1.5 million tons (mmt) of crude oil and increased gasoline production to approximately 637,000 tons during fiscal year (FY) 2025/26, up from 51,000 tons in the previous fi...

Petrosalam Targets Higher Crude Oil Output After Reaching 2,547 bbl/d

Petrosalam achieved average daily crude oil production of 2,547 barrels per day (bbl/d) and recorded 1.6 million safe working hours, according to Chairman Abdel Hamid Hussein Gewaily. Gewaily presented the company’s r...

Suez Oil Company Increased Proven Reserves by 3.9 mmbbl

Suez Oil Company (SUCO) increased its proven reserves by 3.9 million barrels (mmbbl) of oil and improved drilling efficiency by cutting drilling time from 80 days to 49 days during fiscal year (FY) 2025/26. The compan...

Magawish Petroleum Targets 3.2 mmbbl in Reserves

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...

Fajr Cuts Electricity Costs at Headqurters by 65%

The Egyptian Fajr Natural Gas Company reduced electricity consumption at its headquarters by 67%, recording annual savings of EGP 900,000, an achievement hailed by Karim Badawi, Minister of Petroleum and Mineral Resou...

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