KUFPEC | Egypt Oil & Gas

Egypt Signs Landmark $120 Million Agreement with Cheiron for Gulf of Suez Development

Minister of Petroleum and Mineral Resources Karim Badawi, a delegation of Cheiron Energy officials, which included David Thomas, Member of the Board of Directors; and Alaa El Batal, Chairman of the Egyptian Genera ...

Parliament Approves Three Draft Laws for E&P

The approved laws include one submitted by the government to allow El Molla to contract with the Egyptian Gas Holding Company (EGAS) and ExxonMobil Egypt Upstream Limited to explore for crude oil and use it in the ...

KUFPEC, Shell Seal FOA in Egypt

BG International Limited, subsidiary of Shell plc., signed a Farm Out Agreement (FOA) with KUFPEC Egypt Limited (KEL), subsidiary of Kuwait Foreign Petroleum Exploration Company (KUFPEC).

KUFPEC Looks to Increase Investments in Egypt

Minister of Petroleum and Mineral Resources Tarek El Molla has met with a delegation from Kuwait Foreign Petroleum Exploration Company (KUFPEC) to discuss its activities in El-Zeit Gulf and Ras Kanayis as well as ...

El Molla, KUFPEC Discuss Company Activities, Investments in Egypt

Minister of Petroleum and Mineral Resources Tarek El Molla met with Kuwaiti Ambassador in Cairo Ghanem Saqer Al-Ghanem and Mohammed Al Sarhan, the Kuwait Foreign Petroleum Exploration Company's (KUFPEC) Country Ma ...

KUFPEC Achieves First Offshore Exploration Discovery

Kuwait Foreign Petroleum Exploration Company (KUFPEC) announced that its wholly-owned subsidiary KUFPEC Indonesia (Anambas) has successfully made its first a commercial discovery of gas and condensate in the Anamb ...

El Molla: New 12 Petroleum Agreements Worth $1 B

The Minister of Petroleum and Mineral Resources, Tarek EL Molla, announced that the new 12 petroleum agreements on which the cabinet has approved, worth minimum $1 billion in addition to $19 billion as a signature ...

New Petroleum Discovery in Gulf of Suez

The Ministry of Petroleum and Mineral Resources announced a new petroleum discovery in the shallow water of Geisum Concession at Gulf of Suez.

Kufpec, OGDC Sign Upstream Agreement

Kuwait Foreign Petroleum Exploration Company (Kufpec) and the Oil and Gas Development Company (OGDC) have signed a strategic cooperation initiative to evaluate potential international upstream exploration and prod ...

Kuwait to Buy Shell’s Bongkot Stake in Thailand

Royal Dutch Shell has said it will sell its stake in Thailand's Bongkot gas field to Kuwait Foreign Petroleum Exploration Company for $900m.

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