GUPCO, or Gulf of Suez Petroleum Company, is a joint venture equally owned by BP and the Egyptian General Petroleum Company (EGPC). Established in 1965, GUPCO is a leading oil producer in the Gulf of Suez Basin, with operations that extend to the Western Desert and the Nile Delta. The company focuses on oil and gas exploration, production, and development, operating both offshore and onshore fields.

GUPCO has a production capacity of approximately 57,000 barrels of oil per day and significant gas production, including 80 million cubic feet daily from the Akhen field. The company employs advanced seismic survey technologies to enhance hydrocarbon recovery and has made notable discoveries, such as the East Crystal-1 well, which confirmed reserves of about 8 million barrels of crude oil. GUPCO plays a vital role in supporting Egypt's energy infrastructure and contributes to the regional economy through substantial investments in field development.