Agiba Petroleum Company has successfully cooperated with the Egyptian General Petroleum Corporation (EGPC) and the Italian energy giant Eni in accelerating the development of the Iris field in Egypt’s Western Desert.
Updated 3/9/2025 7:22:00 AM
ExxonMobil has taken part in EGYPES 2025, held from February 17th to 19th at the Egypt International Exhibition Center, emphasizing its commitment to Egypt's energy future.
Updated 2/19/2025 2:42:00 PM
Egypt has signed two agreements worth $13.5 million to boost crude oil production at the Western Desert.
Updated 2/19/2025 1:13:00 AM
The Egyptian General Petroleum Corporation (EGPC) signed a cooperation agreement with Cisco to establish a unified data center for the petroleum sector.
Updated 2/18/2025 1:58:00 AM
The CEO of the Egyptian General Petroleum Corporation (EGPC) Salaheldin El Sayed Abdel Kerim has signed two agreements during the Egypt Energy Show (EGYPES 2025) to enhance operational safety, energy efficiency, and digital transformation in the petroleum sector.
Updated 2/18/2025 1:52:00 AM
The Egyptian General Petroleum Corporation (EGPC) held its weekly Energy Transition Committee meeting to review the progress of projects supporting the shift toward clean energy.
Updated 2/9/2025 2:24:00 AM
The General Petroleum Co (GPC) is planning to drill 41 new wells in the Eastern and Western Deserts and the Gulf of Suez to explore and produce oil and natural gas.
Updated 1/20/2025 1:30:00 AM
The US Trade and Development Agency (USTDA) has signed a grant agreement worth $959,006 with the Egyptian General Petroleum Corporation (EGPC).
Updated 12/15/2024 2:22:00 AM
The Egyptian authorities have reduced the Central Bank of Egypt’s (CBE) claims by EGP 150 billion by end-July 2024, committed to further cut them to zero by EGP 100 billion every fiscal year (FY), according to the International Monetary Funds’ (IMF) country report on Egypt.
Updated 8/27/2024 7:50:00 AM
The Egyptian General Petroleum Corporation (EGPC) has agreed with a consortium of local banks to get a one-year grace period to pay back its due installments worth $2 billion.
Updated 8/7/2024 8:54:00 AM
EgyptAir has fully paid off its 13-year accumulative debts of EGP 10 billion, owed to the Egyptian General Petroleum Corporation (EGPC), at the end of the elapsed fiscal year (FY) 2023/2024.
Updated 7/31/2024 8:35:00 AM
The Egyptian cabinet has given initial approval for five petroleum commitment projects involving the Egyptian Natural Gas Holding Company (EGAS), the Egyptian General Petroleum Corporation (EGPC), and several international and national companies, with expected investments of about $200 million.
Updated 7/9/2024 2:11:00 AM
The International Islamic Trade Finance Corporation (ITFC) is expected to disburse a $200 million tranche in favor of the Egyptian General Petroleum Corporation (EGPC).
Updated 6/13/2024 11:46:00 AM
ExxonMobil Egypt hosted a conference on digital transformation in the petroleum sector and efforts towards implementing sustainable energy solutions.
Updated 5/28/2024 3:48:00 AM
Shell Egypt, a subsidiary of Shell plc, in partnership with the Egyptian Natural Gas Holding Company (EGAS), the Egyptian General Petroleum Corporation (EGPC), and Petronas, agreed to commence the 11th development phase in the Nile Delta offshore at the West Delta Deep Marine (WDDM) concession in the Mediterranean Sea.
Updated 4/21/2024 3:18:00 AM
The Egyptian General Petroleum Corporation (EGPC) has paid back $10 million in outstanding receivables to the UK-based Pharos Energy Plc.
Updated 4/1/2024 8:48:00 AM
The Egyptian cabinet has authorized Minister of Petroleum and Mineral to sign five petroleum commitment agreements for the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS), and a number of national and international companies.
Updated 3/6/2024 4:39:00 AM
The Egyptian General Petroleum Corporation (EGPC) has signed a two agreements with Schneider Electric and Huawei Technologies to boost digital transformation.
Updated 2/22/2024 7:01:00 AM
The Egyptian General Petroleum Corporation (EGPC) has signed an oil exploration and development agreement with the Russian oil firm LUKOIL.
Updated 2/21/2024 8:41:00 AM
The Egyptian General Petroleum Corporation (EGPC) has signed a memorandum of understanding (MoU) with the oil services provider Halliburton Energy Services Egypt to establish a digital central drilling data repository (CDDR) system to follow up on drilling operations.
Updated 2/21/2024 8:22:00 AM