In a significant move to bolster its commitment to occupational health, safety, environmental protection (HSE), process safety, and sustainability, the Egyptian General Petroleum Corporation (EGPC) has signed a memorandum of understanding (MoU) with DNV.
Egypt's ambitious project to convert vehicles to operate on compressed natural gas (CNG) has achieved a major milestone, thanks to strong presidential support. This progress was highlighted during the Egyptian Natural Gas Holding Company (EGAS) general assembly, where Chairman Yassin Mohamed reviewed updates on CNG fueling and conversion efforts for the fiscal year 2024/25.
In a significant move to fortify the nation's energy security, the Egyptian oil and gas sector is currently bolstering efforts to expand the country’s growing natural gas grid.
During the Egyptian Natural Gas Holding Company's (EGAS) general assembly meeting, Chairman Yassin Mohamed highlighted the company's key achievements and future targets for fiscal year (FY) 2024/25 and FY 2025/26. The meeting was attended by Minister of Petroleum and Mineral Resources Karim Badawi.
Minister of Petroleum and Mineral Resources Karim Badawi affirmed that the great success witnessed by the EGYPES 2025 conference embodies Egypt's important regional role and position in the energy sector, noting that the conference enjoyed wide momentum with the participation of state leaders, officials, and global investors.
Minister of Petroleum and Mineral Resources Karim Badawi participated in the panel discussion “Future Energy” as part of the Al Gomhuria Conference which was held under the theme "El-Sisi.. Building a Nation 11 Years of Struggle and Work" with the participation of leaders from the Ministries of Petroleum and Mineral Resources and Electricity and Renewable Energy.
The Egyptian Natural Gas Holding Company (EGAS) hosted a ceremony to sign nine protocols for establishing social responsibility projects for ten of its affiliated companies.
The Board of Directors of the Egyptian General Petroleum Corporation (EGPC) held its meeting via video conference chaired by Minister of Petroleum and Mineral Resources Karim Badawi, who explained that the ministry is continuing work to attract investment partners to boost local oil and gas production.
Bidding closed for 13 exploration & production blocks, with investments set to double if new discoveries are made. Investments are expected to exceed $700 million.
Minister of Petroleum and Mineral Resources Karim Badawi visited the Emirate of Fujairah, accompanied by Accountant Nasser Shoman, the Undersecretary of the Ministry for the Transport and Distribution of Petroleum Products.
