ARCIUS Energy and bp are set to begin offshore gas drilling operations in the Mediterranean Sea, following the arrival of the drillship Valaris DS-12 in Egypt to support the development of new exploration wells.
The Egyptian Petrochemicals Holding Company (ECHEM) has unveiled a five-year plan to launch 10 projects targeting the localization of over 20 petrochemical products for domestic and international markets. The plan ...
Belayim Petroleum Company’s (Petrobel) investment plan for the fiscal year (FY) 2025/26 has been increased to approximately $460 million, Tharwat El Gendy, Petrobel’s Chairman, announced in the company's general a ...
Badr Petroleum Company recorded an average production of 6500 barrel of oil equivalent per day (boe/d), achieving its targets for the first half of the current fiscal year, said Ibrahim Massoud, who serves as the ...
Cooperation Petroleum Company (CPC) investment plan details a total of EGP 1.2 billion investments in fiscal year (FY) 2026/27, CPC’ Chairman, Mostafa El Sayed, noted. This came during the general assembly meeting ...
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's ...
Petrosannan company, a joint venture (JV) between Ukraine’s Naftogaz and the Egyptian General Petroleum Corporation (EGPC), plans to invest around $40.32 million for the upcoming fiscal year, targeting daily produ ...
The Petroleum Pipelines Company (PPC), a state-owned company specialized in transporting crude oil and its products between production fields, refineries, and distributors, plans to implement EGP 16 billion projec ...
His Highness Sheikh Mohamed bin Zayed Al Nahyan, United Arab Emirates (UAE) President, chaired the annual meeting of the Abu Dhabi National Oil Company (ADNOC) Board of Directors at the Habshan complex. During th ...
Minister of Petroleum and Mineral Resources Tarek El Molla has witnessed the general assembly of the Gulf of Suez Petroleum Company (GUPCO) to approve the new investment budget for the next fiscal year (FY) 2024/2 ...
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