PhPC

  • El Molla Encourages Agiba, PHPC to Expand Exploration Efforts

    El Molla Encourages Agiba, PHPC to Expand Exploration Efforts

    Thursday, 4th February 2021

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, urged Agiba Petroleum Company and Pharaonic Petroleum Company (PHPC) to increase the number of their development and exploration wells in order to boost both companies' production plans. The minister noted that the recent discoveries in the Western Desert only prove that the region has not yet revealed all its untapped potential.

  • BP Begins Production from Qattameya Field

    BP Begins Production from Qattameya Field

    Monday, 26th October 2020

    BP began natural gas production from its offshore Qattameya field in the North Damietta offshore concession through its joint venture (JV); the Pharaonic Petroleum Company (PhPC).

  • Egypt to Drill Two New Gas Wells in North Damietta

    Egypt to Drill Two New Gas Wells in North Damietta

    Monday, 26th August 2019

    The Ministry of Petroleum and Mineral Resources is preparing to drill two new wells in the Mediterranean fields of Atoll and Katameya in the North Damietta offshore concession with about $289 million in investments.