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PetroGulf Misr's GNN-16 well drilling cuts operational costs by $700,000

PetroGulf Misr achieved a technical and economic success in the design and drilling of the GNN-16 well in the Gulf of Suez, saving $700,000 in operational costs

Updated 1/19/2026 2:50:00 PM
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
Kuwait’s Petrogulf pays off 2nd tranche of CIB’s debt restructuring agreement

Kuwait-based Gulf Petroleum Investment Company (Petrogulf) has paid the second tranche of its previously signed debt restructuring agreement with Egypt's Commercial International Bank (CIB).

Updated 1/30/2024 1:02:00 AM