General Petroleum Company’s (GPC) production rate jumped to 74,000 barrels of oil equivalent per day (boe/d), setting a new record for the company since its establishment in 1957.

General Petroleum Company (GPC) has achieved a production record of 62,000 barrels per day (bbl/d) for the first time ever since its establishment in 1957.

Minister of Petroleum and Mineral Resources Tarek El Molla and Minister of Environment Yasmine Fouad followed up on the industrial drainage problem and reviewed the environmental reform plans for petroleum companies operating in the Gulf of Suez.

The General Petroleum Company (GPC) announced that it has discovered a new oil payzone in Abu Rawash D and drilled NES-16 well, pointing out that this step is considered a new step of its kind in the region.