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Tag: Ras Fanar

Cabinet approves assignment of Ras Fanar development area in Gulf of Suez to EGPC

Posted: September 7, 2017 at 2:32 pm   /   Oil & Gas

The Sherif Ismail cabinet granted preliminary approval to transferring supervision of oil and gas production in Ras Fanar to the Egyptian General Petroleum Corporation (EGPC), until legislation is issued to govern the region. The cabinet approved Wednesday assigning the development of the Gulf of Suez’s Ras Fanar region to the Egyptian General Petroleum Corporation (EGPC). […]

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