Ministry of Petroleum and Mineral Resources announced a new offshore oil discovery in the Gulf of Suez after drilling the NER-1X well. Production is expected to begin within days at about 3,000 bbl/d, using the ex ...
Petroleum Marine Services (PMS) Company announced that it successfully completed the development of offshore October field affiliated to Gulf of Suez Petroleum Company (GUPCO).
The Minister of Petroleum and Mineral Resources, Tarek El Molla, and Minister of Environment, Yasmin Fouad discussed the industrial drainage problem in the Gulf of Suez.
Dragon Oil is planning to increase its investments in Egypt through acquiring some operating assets in the Western Desert in the next five years.
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