GUPCO | Egypt Oil & Gas - Part 4

GUPCO to Invest $538m in FY 2017/2018

Gulf of Suez Petroleum Company (GUPCO) has allocated $538m investments in the new budget of fiscal year 2016/2017.

El Molla: Egypt To Increase Oil,Gas Production

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.

Obituary: Dr. Eng. Hamdy El Banbi Passed Away

Egypt Oil&Gas is saddened to announce that Dr. Eng. Hamdy El Banbi, Egypt's former Oil Minister, passed away at the age of 81.

Oil Minister Appoints New Heads of EGAS and GUPCO

Egypt's Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued two decrees appointing new chiefs of EGAS and GUPCO.

GUPCO’s Production Rates Exceed 84,000b/d in 2015

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.

GUPCO Breaks it’s All Time Production Record

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 ...

GUPCO Updates its Infrastructure in July Field

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.

GUPCO Launches New Marine Platform for Hilal Field

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 ...

GUPCO Expands Production After Field Developments

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.

Exclusive: GUPCO Resumes Gas Production at M8 Gas Processing Complex

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.

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