The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, stated in a press release that Egypt is focusing on increasing the country’s strategic reserves and production in the oil and gas sector.
Gulf of Suez Petroleum Company (GUPCO) has managed to increase its production rates to more than 84,000b/d in 2015, which amounts to 95,000boe, a company official told Egypt Oil & Gas.
Gulf of Suez Petroleum Co. (GUPCO) announced its success in breaking the company’s all time production record, by increasing its levels to 84,000 b/d of oil and 2,300 b/d of condensates. In addition the company also ...
An official source with GUPCO told Egypt Oil & Gas that the company had completed the restoration of the J-15 marine production platform in the July field, Gulf of Suez.
Egypt Oil & Gas learned that GUPCO launched a new offshore platform, to replace the original Hilal platform that was destroyed in 1994 due to the collision of a cargo ship. Production was then discontinued for indus ...
Egypt Oil & Gas (EOG) learned that GUPCO has drilled 3 new wells in its concession area in the Gulf of Suez by drilling three new wells – Hilal B1, Hilal B2 and EDFU A7 ; in addition to an exploratory well GS277-A5.
Production had been effectively halted at GUPCO’s M8 gas processing unit and its attendant platforms after a fire that broke out in one of its connecting pipelines in 2004.