GPC
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El Molla Issues New Transfers
Sunday, 31st January 2021
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued a new transfers movement among the petroleum companies to support the petroleum sector with the necessary capabilities and achieve the targeted goals.
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PMS Starts First Well Tests in HH Area
Thursday, 21st January 2021
Petroleum Marine Services Company (PMS) started to execute first well test from HH areas of the General Petroleum Company (GPC), according to the General Trade Union for Petroleum Workers.
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GPC’s Production Hits New Record of 68,000 bbloe/d
Sunday, 17th January 2021
Egypt allocated investments with EGP 5 billion to the General Petroleum Company (GPC) to increase drilling exploration and development wells.
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GPC to Drill 15 Wells in Eastern, Western Deserts
Tuesday, 12th January 2021
The General Petroleum Company (GPC) aims to drill 15 exploration and development wells in the H2 of the fiscal year (FY) 2020/21.
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GPC Conducts Civil Protection Training in the Eastern Desert Fields
Sunday, 8th November 2020
The General Petroleum Company (GPC) has conducted civil protection training in the Eastern Desert’s fields in attendance of specialists in the field of civil protection.
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GPC Invests EGP 195 MM for FY 2019/20 Discoveries
Tuesday, 3rd November 2020
The General Petroleum Company (GPC) allocated EGP 195 million for the discoveries made during the fiscal year (FY) 2019/20, Nabil Abdel Sadek, Executive Chairman of the Board of Directors, stated
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GPC Allocates EGP150 Million for “North West” Pipeline Project
Tuesday, 20th October 2020
General petroleum Company (GPC) stated that it allocated EGP150 million for implementing 8-inches pipeline project to exploit the produced gases from “North West” field in the Eastern desert.
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Cabinet Emphasizes Petroleum Sector Achievements
Tuesday, 22nd September 2020
The Media Center of the Cabinet issued a report shedding light on the most important achievements that led to Egypt's economic resilience during coronavirus, on top of which are several milestones of the petroleum sector.
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GPC Invests $2.5 MM for Developing Abu Sennan Concession
Thursday, 27th August 2020
An anonymous petroleum source stated that the total investment of developing Abu Sennan Concession in the Western Desert, which is dependent to the General Petroleum Company, reached to $2.5 million.
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Schlumberger Introduces PNX Technology to Egypt
Wednesday, 22nd July 2020
Schlumberger utilized Pulsar Multifunction Spectroscopy (PNX) technology for the first time in Egypt with the General Petroleum Company (GPC).
Latest News
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Norpetco Inaugurates HSE Project with $1.3 MM
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El Molla Attends the 5th IEF-EU Energy and Climate Day
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El Molla Showcases Ramallah Visit Results Before Cabinet
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Wintershall Dea Records High production level of 650,000 boe/d in Q4 2020
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 63.71 | +0.78% |
Crude Oil (Brent) Brent | USD/bbl | 67.62 | +0.87% |
NYMEX Natural Gas | USD/MMBtu | 2.85 | -0.87% |
OPEC Basket Price | USD/bbl | 63.73 | +2.79% |
Last Modified February 25, 2021