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GUPCO, Dragon Oil explore AI tools to maximize brownfield production

The Gulf of Suez Petroleum Company (GUPCO) and Dragon Oil organized a specialized workshop on the optimal use of AI tools in oil and gas development and production activities from brownfields.

Updated 9/25/2025 7:25:00 AM
GUPCO invests $415M in FY 2023/24

The Gulf of Suez Petroleum Company (GUPCO) has invested around $415 million into oil exploration and production activities in the elapsed fiscal year (FY) 2023/2024, Chairman Salah El-Din Abdel-Karim stated.

Updated 8/5/2024 2:37:00 AM
Badawi follows up on production, development plans of 5 oil companies

Five Egypt-based oil companies have presented their production and development plans to Minister of Petroleum and Mineral Resources Karim Badawi as part of his field visit to several onshore and offshore concessions across the country.

Updated 7/28/2024 9:01:00 AM
GUPCO to drill 5 oil development wells in North Safa, Al Wasl fields

The Gulf of Suez Petroleum Company (GUPCO) is planning to drill five new oil development wells in the North Safa and Al Wasl fields, the company’s Chairman Salah Abdel Kareem said during the Minister of Petroleum Karim Badawi’s field monitoring.

Updated 7/28/2024 8:05:00 AM
GUPCO targets $586M investments in FY2024/25

The Gulf of Suez Petroleum Company (GUPCO) aims to pump investments worth $586 million in the upcoming fiscal year (FY) 2024/2025.

Updated 2/7/2024 2:41:00 AM
GUPCO commences production at North Safa Oil Field in Gulf of Suez

The Gulf of Suez Petroleum Company (GUPCO) has started production at the first well of the North Safa oil field in the northeastern Ramadan region of the Gulf of Suez, Ministry of Petroleum and Mineral Resources announced.

Updated 1/2/2024 1:17:00 AM