Eni has been awarded five new exploration licenses in the Egyptian offshore and onshore by the Ministry of Petroleum and Mineral Resources, the company said in a statement. The announcement followed Eni’s successful p...
The Ministry of Petroleum and Mineral Resources, in collaboration with Schlumberger, has launched Egypt Upstream Gateway (EUG), an innovative national project for the digitalization of subsurface information. The laun...
Gulf of Suez Petroleum Company (GUPCO) daily production has averaged at around 57,000 barrels (bbl) during fiscal year (FY) 2019/20, as the company was also able to cut 20% of production cost per barrel last June, Ch...
Eni announced the discovery of new resources in the Abu Rudeis Sidri development lease in the Gulf of Suez, where Petrobel, equally held by Eni and the Egyptian General Petroleum Corporation (EGPC), drilled an apprais...