Magapetco | Egypt Oil & Gas
$2 Million Budget Increase Approved for Magapetco to Drill More Wells in FY 2024/25
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 production. ...
Ganope Officials Inspect Eastern Desert Sites to Boost Oil and Gas Production
Officials from Ganoub El Wadi Petroleum Holding Company (Ganope) conducted an inspection of their Eastern Desert production sites. This visit aligns with the ministry’s initiatives to enhance oil and gas discove...
El Molla Announces Ministerial Promotions
Egyptian Minister of Petroleum, Tarek El Molla, has announced new promotions and transfers for senior positions in the Ministry of Petroleum, Akhbar El Yom reported. Hesham Mohamed El Attar was appointed vice presiden...
Magapetco Plans Investments for its Hurghada Concession
Chairman of 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 are...
EGPC Studying Magapetco’s Hurghada extension request
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 1...Page 1 of 1
