On the sidelines of CERAWeek Conference 2025, Karim Badawi, Minister of Petroleum and Mineral Resources, met with Linda Cook, CEO of Harbour Energy, where they discussed ways to enhance cooperation between the two parties in the field of research and exploration, as well as plans to increase natural gas production from the company’s concession areas in Egypt.
During the meeting, the two sides discussed the latest developments regarding the company’s recent successful drilling activities in the Mediterranean at the north of Alexandria, in which the company is investing in Egypt as a partner with bp, the main operator.
They also emphasized the importance of accelerating the development of new discoveries and quickly linking them to existing facilities, which reduces production costs and the time it takes to bring wells into production to achieve optimal benefits in supporting domestic natural gas production.
The successful development and increase in gas production at the Raven field in the Mediterranean Sea, also in partnership with bp, were also reviewed.
The meeting addressed the company’s interest in increasing its investments in Egypt, in line with the strategy of the Egyptian Ministry of Petroleum and Mineral Resources.
During the meeting, Badawi praised the strategic relationship with Harbour Energy, highlighting the Egyptian government’s commitment to providing all possible support to international investors and partners.