The Egyptian General Petroleum Corporation (EGPC), legally known as الهيئة المصرية العامة للبترول, is Egypt's national oil company. Established in 1956 under Law No. 135 as the General Petroleum Authority and renamed EGPC in 1962, it operates as a state-owned holding entity affiliated with the Ministry of Petroleum and Mineral Resources, headquartered in Cairo.
EGPC oversees the full petroleum value chain, including upstream exploration and production, downstream refining and processing, transportation, storage, and trade. Its main objectives are to meet domestic demand for petroleum products, boost exploration for new reserves, maximize production and exports, and uphold international health, safety, and environmental standards. The company holds shares in 12 public sector firms, 41 joint ventures, and 87 investment companies, including a 70% stake in the Egyptian Natural Gas Company and 75% in Petroleum Air Services.
Through issuing licenses to foreign contractors and managing affiliated refineries such as Alexandria Petroleum Company and Suez Oil Refining Company, EGPC plays a central role in Egypt's oil and gas sector.
Denise W-1 in Temsah Concession found gas and condensate ~70 km offshore (95 m depth), <10 km from infrastructure; ~90 m gas-bearing sandstone; follows a 20-year concession renewal
Denise W in Temsah Concession: 70 km offshore, 95 m water depth, ~50 m net-pay high-quality sandstone close to infrastructure for fast-track tie‑in; concession renewed; Petrobel operator, bp 50%.
Delegation attended an energy conference on security, sustainability and tech. VP highlighted Azerbaijan's gas exports - 13 bcm to Europe in 2025 (+60% vs 2021). A pact was signed with Egypt's EGPC.
