Egypt’s Gulf of Suez Petroleum Company (GUPCO) has signed a contract with US-based oilfields services company SLB to conduct an ocean-bottom node (OBN) seismic survey covering 1,035 sq km in central and southern Gulf ...
Salah Abdel Kerim, CEO of the Egyptian General Petroleum Corporation (EGPC), inspected the strategic crude oil storage facilities in Ras Gharib and at Ras Shukeir in the Eastern Deserts as part of implementing the Min...
The Gulf of Suez Petroleum Company (GUPCO) announced the entry of the second phase of the North Safa field development project in the Gulf of Suez into service, with investments from the UAE’s Dragon Oil, in par...
Gulf of Suez Petroleum Company (GUPCO) has completed the drilling of a new exploratory well, South Wasl BB, in the Gulf of Suez. Well tests yielded production rates of about 2,500 barrels of oil per day(bbl/d) and 3 m...
The Gulf of Suez Petroleum Company’s (GUPCO) aims to increase its production from 65,000 barrels of oil per day (bbl/d) currently to 75,000 bbl/d in fiscal year (FY) 2026/27, Abdul Wahab El-Maghawry, the company’...
In a continued effort to enhance performance and inject new expertise, Karim Badawi, Minister of Petroleum and Mineral Resources, issued a new round of transfers among senior financial affairs executives in the petrol...
For the fourth consecutive year, Engineering for the Petroleum and Process Industries (ENPPI) won the Middle East Economic Digest(MEED)’s Project of the Year Award 2025 for the energy sector in Egypt. The prize...
The Gulf of Suez Petroleum Company (GUPCO), in collaboration with the UAE’s Dragon Oil, organized a workshop on the optimal use of artificial intelligence (AI) applications in developing and enhancing production...
Field engineers representing 15 companies operating in the Eastern Desert and the Gulf of Suez gathered at the Ras Shoukair base on September 9th and 10th to exchange best practices used in the area and share personal...
Gulf of Suez Petroleum Company (GUPCO) invested $452m in FY 2024/25, maintained production level at around 57,000 barrels per day (bbl/d) and completed the first phase of the North Safa field, Abdul Wahab El-Maghawry,...