oil and gas | Egypt Oil & Gas

Canada’s TAG Oil Reveals 2026 Drilling Plans in Western Desert

Tag Oil, Canadian based international oil and gas exploration company, is preparing to drill a  T-200 vertical well in the Badr Oil Field (BED-1) concession located in the Western Desert in 2026, according to its ...

EPSCO Labor-Supply Business Grows 24% in 2025

The Egyptian Petroleum Services Company (EPSCO) recorded a 24 % increase in revenue from its labor-supply business line to reach EGP 8.2 billion in 2025, according to Chairman Ahmed Shehata.

EPSCO is a prom ...

GUPCO Strikes 2,500 bbl/d in the Gulf of Suez

Gulf of Suez Petroleum Company (GUPCO) has completed the drilling of a new exploratory well, South Wasl BB, in the Gulf of Suez. Well tests yielded production rates of about 2,500 barrels of oil per day(bbl/d) and ...

ARCIUS Energy, bp Start Offshore Gas Drilling in Mediterranean

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.

El-Sisi Urges Use of Advanced Drilling Technologies to Boost Oil and Gas Output

President Abdel Fattah El-Sisi met with Prime Minister Mostafa Madbouly and Minister of Petroleum and Mineral Resources, Karim Badawi to review efforts to boost oil and gas production through the adoption of hydra ...

GPC to Drill 66 Wells with EGP 8 Bn Investments in FY 2026/27

The General Petroleum Company (GPC)  targets drilling  66 wells, including 8 exploratory ones, with total investments of EGP 8 billion during the coming fiscal year, Chairman Mohamed Abdel Mageed told the company' ...

Badawi Engages Global Investment Banks to Accelerate Investments

Karim Badawi, Minister of Petroleum and Mineral Resources, presented the latest reforms, incentives, and opportunities within the petroleum and mining sectors during a roundtable meeting with a group of Internatio ...

Localized Demulsifier Production to Save Up to $300 Per Barrel

Karim Badawi, Minister of Petroleum and Mineral Resources, honored a joint team from EGPC, Cairo Oil Refining Company, and Khalda Petroleum for developing and localizing the production of a demulsifier used in oil ...

NOSPCO and PetroZenima to Invest $112.6 Million to Boost Gas and Oil Production

North Sinai Petroleum Company (NOSPCO) has announced an investment budget of $89 million for the upcoming fiscal year (FY), targeting the drilling of three new exploration wells. The plan aims to sustain and incre ...

Egypt, Oman Advance Mining and Natural Gas Ties at Riyadh Forum

On the sidelines of the Future Minerals Forum (FMF) in Saudi Arabia, Minister of Petroleum and Mineral Resources, Karim Badawi, met with Mohsin Al-Hadhrami, Undersecretary of Oman’s Ministry of Energy and Minerals ...

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