$2 Million Budget Increase Approved for Magapetco to Drill More Wells in FY 2024/25

• Tuesday, 31st December 2024
• by Sarah Samir

An increase in investments has been approved in the budget of Magawish Petroleum Company (Magapetco) to drill more production wells during the current fiscal year (FY) 2024/25 as part of plans to increase producti ...

Ganope Officials Inspect Eastern Desert Sites to Boost Oil and Gas Production

• Sunday, 11th August 2024
• by Doaa Ashraf

Officials from Ganoub El Wadi Petroleum Holding Company (Ganope) have inspected their Eastern Desert production sites, aligning with the ministry's push for more oil and gas discoveries and to boost production in ...

El Molla Announces Ministerial Promotions

• Thursday, 20th September 2018
• by Sarah Samir

Egypt's Minister of Petroleum, Tarek El Molla, has announced new promotions and transfers for senior positions in the Ministry of Petroleum.

Magapetco Plans Investments for its Hurghada Concession

• Sunday, 2nd August 2015
• by Egypt Oil & Gas

Chairman Magawish Petroleum Company (Magapetco), Hamdi Hanafi, affirmed that his company’s investment plan for the 2015/2016 fiscal year includes pumping investments of over EGP 70m into its Hurghada concession area.

EGPC Studying Magapetco’s Hurghada extension request

• Monday, 13th July 2015
• by Egypt Oil & Gas

An official source at EGPC told Al Mal newspaper that the Magawish Petroleum Company (Magapetco) was in negotiations with EGPC to discuss the possibility of extending the oil exploration concession in Hurghada for a ...