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 AMSouth 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 AMThe 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
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
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