GUPCO Lifts Output to 65,000 bbl/d as Al Wasl-4 Comes Onstream

• Tuesday, 20th January 2026
• by Doaa Ashraf

The Gulf of Suez Petroleum Company (GUPCO) has successfully commenced production from the Al Wasl-4 development well in the North Safa field, raising the company’s total crude output to approximately 65,000 barrels pe...

Egypt Makes New Offshore Oil Discovery in Gulf of Suez

• Thursday, 20th November 2025
• by Doaa Ashraf

The Ministry of Petroleum and Mineral Resources (MoPMR) announced a new oil discovery offshore the Gulf of Suez, following the successful drilling of the Northeast Ramadan Crystal exploration well (NER-1X). The well i...

PMS Completes Major Development of GUPCO’s Offshore October Field to Boost Crude Production

• Sunday, 27th October 2024
• by Fatma Ahmed

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 company said that it implemented the...

Petroleum, Environment Ministries Discuss Drainage Problem

• Sunday, 22nd March 2020
• by Editorial Team

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, according to a press release. The two minister...

Dragon Oil to Boost Investments in Egypt by $650 MM

• Tuesday, 18th February 2020
• by Editorial Team

Dragon Oil is planning to increase its investments in Egypt through acquiring some operating assets in the Western Desert in the next five years, according to Hapi Journal   report citing Tayeb Huwair, COO (Non-Operat...