Egypt witnessed a series of new oil and natural gas discoveries in the Nile Delta, Western Desert, and Eastern Desert, adding over 5,000 barrels per day (bbl/d) of oil and 42 million standard cubic feet of gas per ...
The Egyptian General Petroleum Corporation (EGPC) held a meeting with senior executives from 32 production companies to upgrade an integrated five-year plan aimed at doubling production rates and reserves. Salah A ...
Egypt plans to drill around 480 new oil and gas exploration wells over the next five years with total investments exceeding $5.7 billion, announced Karim Badawi, Minister of Petroleum and Mineral Resources, during ...
UAE Dragon Oil has signed a new agreement with the Egyptian General Petroleum Corporation (EGPC) to drill at least two new oil and gas wells within East El-Hamd area in the Gulf of Suez region with investments of ...
The Egyptian General Petroleum Corporation (EGPC) has signed three new agreements with international companies to explore for oil and gas in the Western Desert, Gulf of Suez, and North Sinai regions.
Iraq is stepping up its regional energy strategy through new agreements and projects aimed at bolstering oil and gas exports and expanding domestic power generation.
President Abdel Fattah El-Sisi directed the continued development of newly discovered wells and integrating them into the production map, while intensifying exploration and drilling activities, to enhance Egypt’s ...
The Cabinet approved five petroleum concession agreements between the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS), and a number of international companies. These ...
President Donald J. Trump announced the impose of several new tariffs to strengthen the international economic position of the US and protect American workers excluding the energy and certain mineral goods that ar ...
The positive impact of investments in new discoveries and in the development of production fields is expected to appear during the upcoming period.
