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Mining

Egypt, UK Affirm Commitment to Boosting Cooperation in Petroleum, Mining Sectors

On the sidelines of the International Mining Conference, the Minister of Petroleum and Mineral Resources Karim Badawi held talks with the United Kingdom (UK)Industry Minister Sarah Jones where they affirmed the commitment of the two countries to boost cooperation in oil and mining sector.

international mining conference

Egyptian and Tanzanian Ministers Forge Mining Cooperation in Riyadh

On the sidelines of his participation in the International Mining Conference in Saudi Arabia, the Minister of Petroleum and Mineral Resources Karim Badawi met with Steven L. Kiruswa(MP) Deputy Minister of Minerals of Tanzania, where the two sides discussed ways of cooperation in the field of mining in light of the distinguished relations between Egypt and Tanzania and in light of the strong ties that gather the two countries within the African continent.

Egypt

Minister Badawi Attends Future Minerals Forum in Riyadh

Minister of Petroleum and Mineral Resources, Karim Badawi, participated at the official inauguration of the 4th edition of Future Minerals Forum (FMF) in Riyadh, Saudi Arabia, on January 15th,2025.

Huizhou Daya Bay Petrochemical Complex

Shell-CNOOC JV to Expand Petrochemical Operations in South China

CSPC, a joint venture between CNOOC Petrochemical Investment Ltd. and Shell Nanhai B.V. has reached a final investment decision for expanding its petrochemical complex in Daya Bay, Huizhou, South China with completion set for 2028. The expansion includes a third ethylene cracker with a capacity of 1.6 million tons per year and a facility to produce 320,000 tons per year of specialty chemicals like polycarbonates and carbonate solvents.

Equinor

Equinor Secures 27 New Production Licenses on Norwegian Continental Shelf

Equinor has been awarded 27 new production licences in the 2024 Awards in Predefined Areas (APA) by Norway’s Ministry of Energy. The licences include 20 in the North Sea, six in the Norwegian Sea, and one in the Barents Sea. Notably, Equinor will operate seven of these licences and be a partner in the remaining 20.

mining sector

Badawi Outlines Egypt’s Ambitious Mining Vision at Future Minerals Forum

Minister of Petroleum and Mineral Resources Karim Badawi participated in the Fourth International Ministerial Roundtable of the Future Minerals Forum (FMF), held in Riyadh, Saudi Arabia.

Nefertari 1

ExxonMobil Strikes Natural Gas in Egypt's Mediterranean Waters

ExxonMobil Egypt (Upstream) Limited announced that it encountered gas bearing reservoirs after completing the drilling of the Nefertari 1 well in the North Marakia Block with the Valaris DS-9 drillship.

Sinopec

Sinopec Shanghai Petrochemical to Boost Operations with $2.91B Investments

Sinopec Shanghai Petrochemical Company has announced plans to invest 21.31 billion yuan ($2.91 billion) to upgrade its operations aimed at maintaining the company's crude oil processing capacity and implement other operational improvements.

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