}

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Eni unlocks 2 Tcf natural gas discovery offshore Egypt

Eni has announced a significant gas and condensate discovery in Egypt after successfully drilling the Denise W-1 exploration well in the Temsah Concession, located offshore in the Eastern Mediterranean.

Updated 4/7/2026 12:20:00 PM
GUPCO boosts output to 67,000 bopd after new Gulf of Suez discovery

The Gulf of Suez Petroleum Company (GUPCO) drilled a new exploratory well in the South Al Wasl area of the Gulf of Suez.

Updated 4/7/2026 11:31:00 AM
EGPC, Eni to renew North Port Said concession commitment

The Egyptian General Petroleum Corporation (EGPC) and Eni have signed a memorandum of intent to renew the commitment to the North Port Said concession, as per a statement issued by the Egyptian Ministry of Petroleum and Mineral Resources.

Updated 4/5/2026 6:32:00 AM
UAE’s Dragon Oil eyes injecting $3B investments in Egypt

Dragon Oil plans to invest at least $3 billion in Egypt over the coming years.

Updated 4/1/2026 5:03:00 AM
Badawi reviews United Energy's Western Desert operations, green energy cooperation

Minister of Petroleum and Mineral Resources Karim Badawi held talks with United Energy Group CEO Song Yu to review the company’s oil and gas activities in Egypt’s Western Desert.

Updated 3/31/2026 10:23:00 AM
Egypt, Italy’s Eni sign MoU to support New Heliopolis Hospital development

The Egyptian General Petroleum Corporation (EGPC), the General Authority for Health Insurance, and the Italian company Eni signed a memorandum of understanding (MoU) to support the development of New Heliopolis Hospital

Updated 3/31/2026 1:42:00 AM
Egypt turns to Libya for oil imports as Strait of Hormuz closure halts Kuwaiti supplies

Egypt is set to import at least 1 million barrels per month of Libyan oil due to a halt in Kuwaiti crude supplies caused by the effective closure of the Strait of Hormuz.

Updated 3/30/2026 2:25:00 AM
Petroleum Ministry confirms butane availability, denies shortages

The Ministry of Petroleum and Mineral Resources confirmed the availability of sufficient quantities of butane gas cylinders in the local market.

Updated 3/9/2026 7:58:00 AM
Petroleum Ministry announces new oil, gas discoveries

Khalda Petroleum Company, Disouq Petroleum Company, and the General Petroleum Company (GPC) have drilled a number of wells in their concessions in the Western Desert, the Eastern Desert, and the Delta, including five new exploratory wells, the Ministry of Petroleum and Mineral Resources announced.

Updated 1/18/2026 7:12:00 AM
GUPCO achieves new oil discovery in Gulf of Suez

The Ministry of Petroleum and Mineral Resources has announced a new oil discovery in the Gulf of Suez, achieved by the Gulf of Suez Petroleum Company (GUPCO)

Updated 11/20/2025 11:49:00 AM
EGPC extends Eni's commitment in Gulf of Suez, Nile Delta to 2040

The Egyptian General Petroleum Corporation (EGPC) signed an agreement with the Italian company Eni, represented by its subsidiary IEOC Production, to extend the company's commitment in the Gulf of Suez and the Nile Delta until 2040.

Updated 11/13/2025 12:48:00 PM
EGPC, Eni, bp extend Baltim East field development contract

The Egyptian General Petroleum Corporation (EGPC), Eni, and BP have signed an agreement to extend the development contract for the Baltim East field in the Nile Delta’s Baltim Concession.

Updated 10/15/2025 1:44:00 AM
EGPC signs 3 oil exploration agreements with upstream IOCs

Minister of Petroleum and Mineral Resources Karim Badawi witnessed the signing of three new petroleum agreements between the Egyptian General Petroleum Corporation (EGPC) and several major international oil companies (IOCs).

Updated 9/15/2025 7:58:00 AM
Petroleum Minister approves EGPC FY2024/25 results

Minister of Petroleum and Mineral Resources Karim Badawi approved the results for the fiscal year (FY) 2024/2025 of Egyptian General Petroleum Corporation (EGPC).

Updated 9/14/2025 3:29:00 AM
EGPC implements 38 energy transition projects in FY2024/25

The Egyptian General Petroleum Corporation (EGPC) announced the results of its energy transition projects across work sites, which focused on expanding renewable energy use, reducing flare gas emissions, and reusing them as value-added products. The initiatives fall under the fourth and fifth axes of the Ministry of Petroleum and Mineral Resources’ strategy, as per a statement.

Updated 8/18/2025 9:59:00 AM
EGPC unveils results of inspection campaign at fuel stations

The Egyptian General Petroleum Corporation (EGPC) announced the results of its periodic inspection campaign of the petroleum products trading and distribution system

Updated 7/27/2025 2:59:00 AM
Khalda Petroleum reduces oil well drilling time, saves $18M expenditure

Khalda Petroleum Company has managed to reduce oil well drilling time and save $18 million in a year and a half, the Ministry of Petroleum and Mineral Resources announced.

Updated 7/2/2025 9:18:00 AM
Agiba Petroleum unveils Arcadia West discovery in Western Desert

Agiba Petroleum Company, a joint venture (JV) between the Egyptian General Petroleum Corporation (EGPC) and Italy’s Eni, discovered a new field of Arcadia West in the Western Desert.

Updated 7/1/2025 6:31:00 AM
Badawi reviews Agiba Petroleum’s production performance, plans

Minister of Petroleum and Mineral Resources Karim Badawi has reviewed Agiba Petroleum Company’s plans and latest developments in oil and gas exploration and production.

Updated 6/30/2025 12:52:00 PM
Badawi inspects SCADA system for butane gas monitoring at Petrogas

Minister of Petroleum and Mineral Resources Karim Badawi has inspected the butane gas circulation monitoring project, which uses the supervisory control and data acquisition (SCADA) system, at Petroleum Gas Company (Petrogas).

Updated 6/30/2025 7:17:00 AM