Gulf of Suez | Egypt Oil & Gas - Part 4
GPC Succeeds to Get Initial Production of 600 bbls/d in Amer- 81 Field
With investments of about $ 1.5 million, the General Petroleum Company (GPC) succeeded in drilling one of the oldest fields in the Gulf of Suez at a depth of 2256 meters, it is the development well Amer-81. The well w...
GPC Starts Initial Extraction from Al-Hamd Field with 1,500 bbls/d
The General Petroleum Company (GPC) started its first extraction from Al-Hamd field at the Gulf of Suez concession area with a production rate of about 1500 barrels per day (bbls/d), according to a report issued by Ge...
Egypt Offers First Digital International E&P Bid Round in 2021
The Egyptian General Petroleum Corporation (EGPC) and Egyptian Natural Gas Holding Company (EGAS) have offered the first digital international bid round in 2021 for petroleum exploration and production (E&P) opera...
Egypt to Launch Oil, Gas Bid Round for 24 blocks
Egypt announced the start of a bid round for oil and gas exploration in 24 blocks, according to Reuters. The bid round will include nine blocks in the Mediterranean Sea, 12 in the Western Desert, and three in the Gulf...
El Molla, Fouad Follow up Environmental Reform Plans
The Minister of Petroleum and Mineral Resources, Tarek El Molla, and the Minister of Environment, Yasmine Fouad, followed up on the environmental compliance and reform plans concerning the industrial drainage issue fa... Sisi Authorizes Petroleum Minister to Contract with Neptune, EGPC for E&P Rights in Gulf of Suez
President Abdel Fattah Al-Sisi ratified Law No. 159 of 2019 authorizing the Minister of Petroleum and Mineral Resources to contract with the Egyptian General Petroleum Corporation (EGPC) and Neptune Energy. The law in...
SDX H1 2020 Production Surge by 97% YoY
SDX’s South Disouq and West Gharib production in H1 2020 exceeded the company’s 2020 guidance with a 97% increase compared to H1 2019, recording entitlement production of 6,980 barrels of oil equivalent per day (bbloe...
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...
