GUPCO

AcronymDefinition
GUPCOGulf of Suez Petroleum Company (Cairo, Egypt)
GUPCOGulf Petroleum Corporation
References in periodicals archive ?
GUPCO also extended its current deal for ADES jackup rig, Admarine IV, which expired in December 2017, for another 6 months.
For its part, GUPCO operates nine main offshore complexes and additional satellites totalling more than 110 platforms.
GUPCO says the Abu al-Gharadiq Basin might contain 45 TCF of gas, including 25 TCF in the Cretaceous.
A GUPCO official has recently stated to Egypt Oil&Gas journal that the company had allocated $538m for this fiscal year to fund the drilling a number of wells and renovate ageing infrastructure, including construction of new pipelines and maintenance of several existing wells, in addition to rehabilitating the main production plant in Morgan Field.
In the initial phase, eight GeoQuest staff members will team-up with 15 GUPCO employees to build, deploy and operate the system, which will manage digital data types encompassing geology, petrophysics, geophysics and production operations associated with priority areas in the Gulf of Suez.
To be owned and run by GUPCO, a 50-50 oil and gas producing venture between EGPC and BP, the plant will process 280 MCF/day of associated gas to produce 1.
In 2000, BP acquired the majority of the Amoco shares in the GUPCO JV, and the subsequent changes in geographical exploration areas have led to major gas discoveries in new fields in the areas other than the GoS.
BP's JVs Pharaonic, GUPCO boost Egypt's petroleum reserves Habi-16 and Taurt-8 wells were put on production at an average of 140 million cubic feet of gas.
In 2000, BP acquired the majority of the Amoco shares in the GUPCO joint venture, and the subsequent changes in geographical exploration areas have led to major gas discoveries in new fields in the areas other than the GoS.
BP-led GUPCO operates a $138m LPG plant in Ras Shukhair which went on stream in October 2001.
GUPCO, an oil and gas producing JV of EGPC and BP Amoco, has since retrofitted over 300 of its vehicles.
GUPCO has more than 35 offshore fields in the GoS, which include Morgan, July, October, Ramadan, Ras Shukheir, Sidki, Sho'ab Ali, Badri and East Tanka Asl.