The Egyptian General Petroleum Corporation (EGPC) signed a cooperation agreement with US-based Halliburton to conduct the necessary studies for drilling 50 oil wells across the General Petroleum Company's (GPC) operational areas.
Updated 24m3h
Minister of Petroleum and Mineral Resources Karim Badawi has introduced incentives to expand horizontal drilling and hydraulic fracturing to boost local production.
Updated 5/5/2026 6:18:00 AM