General Assembly | Egypt Oil & Gas - Part 5

EPROM’s 2024 Net Profits Reached EGP 1.096B

Minister of Petroleum and Mineral Resources Karim Badawi witnessed the proceedings of the General Assembly meeting of the Egyptian Company for Operation and Maintenance of Projects (EPROM) to review its 2024 busin ...

MIDOR Achieves 63% Net Profit Surge in 2024, Boosting Production

The Chairman and CEO of MIDOR, Amr Lotfy, reported a 63% increase in net profit after tax, amounting to $129 million in 2024. This came during the general assembly meeting of the Middle East Oil Refinery (MIDOR), ...

GASCO Showcases Remarkable Achievements During 2024

The Chairman of the Egyptian Natural Gas Company (GASCO) Yasser Salah El Din stated that the company is working on several strategic pillars of the Ministry of Petroleum and Mineral Resources (MoPMR), especially i ...

Khalda Petroleum Investments to Reach $1B in 2024/25

Khalda Petroleum Company Chairman Saeed Abdel Moneim reviewed the most important performance indicators and targets for the next fiscal year (FY), indicating that it is planned to invest approximately $1 billion d ...

Rashpetco, Burullus Achieve Record Production, Safety Milestones

Minister of Petroleum and Mineral Resources Karim Badawi confirmed that integrating new gas wells within the tenth phase of the West Delta Deep Marine (WDDM) development area into the production mapĀ  and their con ...

Egypt’s Ganope Unveils Ambitious Plans for Oil Exploration, Production

Ganoub El Wadi Petroleum Holding Company (Ganope) Chairman Ashraf Bahaa announced a strategic partnership with the Egypt Upstream Gateway (EUG) digital platform to present 15 investment opportunities.

Agiba Petroleum Plans to Produce 24,000 bbl/d During FY 2025/26

Agiba Petroleum Company Chairman Tharwat El Gendy stated that the proposed budget of his company for the fiscal year (FY) 2025/26 amounted to $641.3 million with a plan to produce 24,000 barrels of oil per day (bb ...

APRC, APC Highlight HSE, Replacement Projects as Key Strategic Priorities for FY 2025/26

The health, safety, and environment (HSE) projects as well as the replacement and renewal projects came on the top priorities of the planning budget for Amreya Petroleum Refining Company (APRC) and Alexandria Petr ...

CORC Targets Investment Budget Worth EGP4.471B During FY 2025/26

Cairo Oil Refining Company (CORC) Chairman Wael Rizk announced that the company targets an investment budget estimated at EGP4.471 billion during the next fiscal year (FY) 2025/26 which will be dedicated to implem ...

ASORC Plans to Refine 4.2 M Tons Crude Oil in 2025/26

Assiut Oil Refining Company (ASORC) Chairman, Maged El-Kordy, stated that ASORC aims in its investment budget of the next fiscal year (FY) 2025/26 to refine 4.2 million tons of crude oil with the aim of fully expl ...

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