Tag: Egyptian
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An Egyptian company plans to drill 11 wells for oil and gas exploration
The Egyptian Gulf of Suez Petroleum Company “GUPCO” is preparing to start drilling 11 wells for oil and gas exploration, to increase Egypt’s hydrocarbon reserves. Today, Monday, January 30 (2023), Egyptian Minister of Petroleum Tariq El-Molla said, during the approval of the company’s planning budget for the fiscal year (2023-2024), that there is importance to…
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The Egyptian Minister of Petroleum reveals the results of border demarcation with Saudi Arabia
The Egyptian Minister of Petroleum, Tariq Al-Mulla, revealed the positive results that accrued to his country after the decision to demarcate the maritime borders with Saudi Arabia. He said that the demarcation of the border with Saudi Arabia enabled the Egyptian oil sector to operate in the pristine Red Sea region. In 2016, Egypt and…
