}

Tags Result

Ganope inks 2 deals at EGYPES 2026 to expand Red Sea oil exploration

South Valley Egyptian Petroleum Holding Company (Ganope) and BP Exploration Company Limited penned a memorandum of understanding (MoU) for the award of Block (6) in the Red Sea

Updated 3/31/2026 12:15:00 AM
Ganope to drill $33M exploration wells; targets over $4B revenues in FY2026/27

South Valley Egyptian Petroleum Holding Company (Ganope) plans to drill five exploration wells at an estimated value of $33 million, Chairman Ashraf Bahaa announced during the company's ordinary general meeting.

Updated 3/15/2026 10:08:00 AM
Petroleum Ministry launches bid round for new exploration in 4 blocks across Red Sea

The Ministry of Petroleum and Mineral Resources has launched a new international bid round for new exploration opportunities in four blocks across the Red Sea.

Updated 11/4/2025 11:28:00 AM
Petroleum ministry prioritizes boosting investments in Upper Egypt’s petroleum, mining sectors

The development and expansion of investments in the petroleum and mining sectors in Upper Egypt are of top priority on the Ministry of Petroleum and Mineral Resources’ agenda.

Updated 9/24/2024 2:07:00 AM
GANOPE, SLB partner to generate electric power from geothermal energy

Ganoub El-Wadi Petroleum Holding Company (GANOPE) has signed a memorandum of understanding (MoU) with the oilfield services company Schlumberger (SLB) to conduct a study on exploiting the geothermal energy to generate electric energy in Egypt.

Updated 2/21/2024 12:19:00 PM