Tag: EGPC

Petroleum Minister highlights Mubadala’s natural gas exploration activities in Egypt

Karim Badawi, Egypt's Minister of Petroleum and Mineral Resources, emphasized the strong…

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Egypt unveils new incentives to boost oil, gas production

Karim Badawi, the Minister of Petroleum and Mineral Resources, has unveiled a…

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Egypt’s economy shows signs of recovery despite challenges: IMF

Egypt's economy is showing signs of recovery following a difficult period marked…

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Egypt secures $250m loan from AFC, ITFC for GASC, EGPC

Egypt has secured a $250m Sharia-law compliant trade loan facility from the…

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EGPC valuates assets offered by Public Enterprise Sector Ministry for debt settlement

EGPC to discuss suitability of offered assets to oil projects, says source

Mohamed Adel Mohamed Adel

Zohr’s 13th well to be linked in October, production exceeds 3bn scf/day end-2019: Petro Shorouk

Investment in Zohr accounted to $10.6bn so far, says Hassan

Mohamed Adel Mohamed Adel

Egypt to launch oil exploration tender by end of 2019

Incentives in new oil agreements to encourage partners, according to industry sources

Mohamed Adel Mohamed Adel

EGPC forecasted net profit fell to EGP 21.4bn in FY 2019/20, down 30%

Profit targets were set based on minimum oil, gas production, say sources

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Oil price increases to $67.60 supported by extending production cuts for June, US sanctions

Fair oil price in international markets is $60 per barrel, says EGPC’s…

Mohamed Adel Mohamed Adel

British Petroceltic files arbitration case against EGPC

British Petroceltic announced on Sunday filing an arbitration case against the Egyptian…

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