Egyptian General Petroleum Corporation

Sisi authorizes Oil Minister to sign contracts with DEA Suez GMBH Group
Egypt

Sisi authorizes Oil Minister to sign contracts with DEA Suez GMBH Group

Egypt’s President Abdel Fattah al-Sisi authorized Minister of Petroleum and Mineral Resources Tarek al-Mula to sign contracts with the Egyptian…
Safaga port receives first special purpose ship,143.4 m long
Egypt

Safaga port receives first special purpose ship,143.4 m long

Safaga port received on Thursday the ship SAPURA 1200, the first received special purpose ship, 143.4 meters long and 35…
No gas deals with Israel until arbitration cases resolved: energy minister
Egypt

No gas deals with Israel until arbitration cases resolved: energy minister

Egypt will not issue permits to companies to import natural gas from Israel as long as arbitration cases with its…
Saudi Aramco informed Egypt about suspending oil product supply: official
Business

Saudi Aramco informed Egypt about suspending oil product supply: official

Saudi Aramco informed the Egyptian General Petroleum Corporation, Egypt's state oil company, in early October that it would halt the…
Egypt eyes 9 oil deals worth US$2.2 billion
Business

Egypt eyes 9 oil deals worth US$2.2 billion

Egypt is preparing for the signing of nine petroleum deals which were approved in a recent Cabinet meeting, Petroleum Minister…
Egypt’s revenues from foreign partner’s oil companies $1 billion monthly
Business

Egypt’s revenues from foreign partner’s oil companies $1 billion monthly

Egypt's state-run Egyptian General Petroleum Corporation (EGPC) announced that Egypt received a share of the foreign partner’s oil and gas…
Egypt plans energy exploration tender this month- official
Business

Egypt plans energy exploration tender this month- official

State-owned Egyptian General Petroleum Corporation (EGPC) plans to launch bid rounds for 15 oil and gas exploration blocks this month,…
Contractors blame Petroleum Ministry for fuel shortages, project delays
Business

Contractors blame Petroleum Ministry for fuel shortages, project delays

The Contractors Union has demanded the Petroleum Ministry allocate a share of diesel to contractors to ensure that they are…
Govt investigating how to continue funding energy subsidies
Business

Govt investigating how to continue funding energy subsidies

Finance Ministry officials and representatives from the General Petroleum Corporation are currently discussing the amount of funding required to continue…
Petroleum authority feels effects of credit downgrade
Business

Petroleum authority feels effects of credit downgrade

  The General Petroleum Corporation will likely have trouble seeking loans following an international credit rating agency's decision to downgrade…
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