General Petroleum Company (GPC) | Egypt Oil & Gas

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...

Egypt Makes Two New Gas Discoveries Onshore Nile Delta, First in 2 years

Egypt witnessed a series of new oil and natural gas discoveries in the Nile Delta, Western Desert, and Eastern Desert, adding over 5,000 barrels per day (bbl/d) of oil and 42 million standard cubic feet of gas per day...

GPC Production Hits New Record of 74,000 boe/d

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. This development was highlighted duri...

GPC Achieves Production Record of 62,000 bbl/d

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, according to a statement. This production record indicates th...

El Molla, Fouad Review Environmental Reform Plans

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 o...

GPC Puts NES-16 Well on Production

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. GPC added...

Fuel Subsidies to Reach EGP 40b

A source at the General Petroleum Company (GPC) told Al Mal News that the bills of petroleum derivatives subsidies are expected to reach between EGP 35b to EGP 40b in the last quarter of fiscal year 2016/2017. Fuel su...

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