News / Egypt

MoPMR Discusses Mining Incentives, Licensing with Global Investors in Cape Town

Representatives of the  Egyptian Ministry of Petroleum and Mineral Resources (MoPMR) held talks with Australian and Canadian mining investors to discuss expanding exploration activities in the Eastern Desert. The discussions, taking place during the Investing in African Mining conference in South Africa, focused on streamlining licensing procedures and leveraging international expertise to modernize Egypt’s mining infrastructure.

Egypt Highlights Mining Reforms,Potential in Africa’s Indaba Conference

The Ministry of Petroleum and Mineral Resources is participating with a high-level delegation in the activities of Africa’s Mining Indaba 2026 conference, held in Cape Town, South Africa, from February 9th to 12th.
Egypt's participation in this year's edition comes within the framework of promoting the new investment climate in the mining sector and showcasing the structural reforms and investment incentives recently implemented by the Ministry. It also aims to highlight legislative amendments designed to streamline procedures and attract major international corporations, as well as medium and small-sized companies, in the field of gold and mineral exploration and exploitation.

EGPC Outlines Strategic Priorities for Egypt’s Oil and Gas Sector

Within the framework of the Ministry of Petroleum and Mineral Resources' directives, the Egyptian General Petroleum Corporation (EGPC) organized an extensive meeting that included the new chairmen and operations managers of petroleum sector companies, alongside several supporting companies.

Dana Gas Posts $130 Mn Profits in 2025, Bets on Egypt’s Drilling Campaign to restore growth

Dana Gas, the Middle East’s largest regional private sector natural gas company, has reported a net profit of AED 476 million ($130 million) for the full year 2025 compared to AED 553 million ($151m) in 2024. While average Egyptian production declined 23% year-on-year to 12,600 boe/d due to natural field depletion, the company expects its 2026 drilling campaign to stabilize output and restore growth. Seven more wells are planned in Egypt in 2026, with the Daffodil exploration well already spudded in January.

EGPC CEO Inspects Alexandria Refineries to Monitor Production Upgrades

Salah Abdel Kerim, CEO of the Egyptian General Petroleum Corporation (EGPC), conducted an extensive field tour of major refining facilities in Alexandria, following directives from Karim Badawi, Minister of Petroleum and Mineral Resources, to optimize asset utilization and improve refinery efficiency. The visit targeted operational updates at Amreya Petroleum Refining Company (APRC), Alexandria Petroleum Company (APC), and Middle East Oil Refinery (MIDOR), according to a statement by the Ministry of Petroleum and Mineral Resources (MoPMR).

Harbour Energy Confirms New Gas Volumes at Disouq

Harbour Energy, through its joint venture (JV) company DISOUCO, has announced the successful appraisal of the EZZ-2 well in the Disouq Concession, marking a significant expansion of its near-field exploration and appraisal activities in Egypt. The announcement follows the rapid development of the EZZ-1 discovery, which was brought on-stream in January 2026—only three months after its initial discovery in October 2025.

GAFI, DrasChem Discuss $200 Mn Sodium Cyanide Plant at Sidi Kerir Petrochemicals Complex

Mohamed El-Gawsaky, CEO of the General Authority for Investment and Free Zones (GAFI) met with a delegation from DrasChem Specialized Chemicals company to discuss steps for establishing a sodium cyanide production plant at the Sidi Kerir Petrochemicals Complex in Alexandria.

In its first phase, the plant is to produce and export  50,000 tons of sodium cyanide, a substance used in gold extraction, with an investment cost of $200 million. Once operational, the first-phase output will be equivalent to five times the current domestic demand, meeting an important part of the needs of gold mines in the African continent.

DrashChem is an Egyptian Company established as a private free zone project after securing the cabinet approval. The company has begun detailed engineering design, project structuring, and raw material supply contracting. First-phase production is targeted to start in 2028.

Egypt and Chevron Set March Deadline for Aphrodite Gas Connection Terms

Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, met with senior leaders from US oil major Chevron in Washington to accelerate the technical and commercial agreements required to link Cyprus’ Aphrodite gas field to Egyptian infrastructure. The meeting established a roadmap for further negotiations, with all project parties set to convene in Cairo by the end of March 2026, according to a statement by the Ministry of Petroleum and Mineral Resources (MoPMR).

During the visit, Badawi further held a meeting with US Secretary of Energy Chris Wright, in the presence of the Egyptian Ambassador to Washington, Motaz Zahran, and delegations from both countries.

Localized Demulsifier Production to Save Up to $300 Per Barrel

Karim Badawi, Minister of Petroleum and Mineral Resources, honored a joint team from EGPC, Cairo Oil Refining Company, and Khalda Petroleum for developing and localizing the production of a demulsifier used in oil wells to help separate water from produced crude and reduce its viscosity. The locally manufactured chemical matches imported specifications and is expected to cut costs by $200–300 per barrel of demulsifier. It has been applied in GPC fields as a first practical application, achieving significant financial savings and has granted approval for wider deployment during the current year at Badr El Din Petroleum (BAPETCO), Suez Oil Company (SUCO), and PetroBaker Petroleum Company sites.

Egypt’s Women in Energy Network Mentors Female Talents for Career Growth

Bringing together female talents and energy industry leaders to bridge experience gaps through mentorship, knowledge sharing, and impactful conversations, Egypt’s Women in Energy Network (EWiEN), launched in 2022 as a working group under the Egypt Oil & Gas Committee, has led several initiatives supporting women throughout their career journeys. Most recently, on January 28, EWiEN hosted a speed-mentoring event, sponsored by ExxonMobil, under the "Career Women Pillar and themed Grow, Advocate, Lead". The event featured short, focused conversations with experienced mentors and professional coaches, offering practical insights, career guidance, and meaningful support for professional growth.

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