GUPCO (The Gulf of Suez Petroleum Company) is a joint venture owned in equal shares by BP and EGPC (The Egyptian General Petroleum Company). GUPCO is responsible for Oil and Gas production in the Gulf of Suez, the Western Desert and the Nile Delta

The Gas operation map of GUPCO includes Hapi field and “Akhen field” which is located 50 km from the Mediterranean shore and 5 km from the rig Hapi. The production capacity of the 2 wells of “Akhen field” (WA-1 and WA-2) is 80 million cubic feet of gas daily and 5200 barrels of condensates. GUPCO owns “Idfu field” in the Gulf of Suez with a production capacity of 20 to 25 thousand barrels of oil daily with an expected reserves of 30 million barrels of oil. Saqqara was a very important discovery for GUPCO in 2003