PM Reiterates Egypt’s Commitment to Paying Oil Company Arrears
Prime Minister Mostafa Madbouly stressed the government's determination to continue working on regularly paying periodic installments of oil producing companies’ arrears.
Prime Minister Mostafa Madbouly stressed the government's determination to continue working on regularly paying periodic installments of oil producing companies’ arrears.
During his participation in the World Governments Summit, Minister of Petroleum and Mineral Resources Karim Badawi took center stage as a keynote speaker in the roundtable discussion on the Global Energy Efficiency Alliance, a leading platform aimed at accelerating energy efficiency improvements worldwide.
The Egyptian Cabinet approved a draft law on the organization of the Mineral Resources and Mining Industries Authority, during the 31st Cabinet meeting chaired by Prime Minister Mostafa Madbouly
The Ministry of Petroleum and Mineral Resources (MoPMR), under the sponsorship of its Undersecretary for Exploration Samir Raslan, organized two workshops to share exploration success stories in the Western Desert and the Gulf of Suez regions.
AVEVA announced the opening of its new office in Cairo, Egypt which is expected to enhance the services and support provided in the region. It also will participate in the Egypt Energy Show Conference and Exhibition (EGYPS 2025), showcasing its advanced digital solutions designed to enable energy companies to enhance operational efficiency, support sustainability and advance energy transformation goals. It will also highlight Egypt’s role in the company’s regional growth.
The General Petroleum Company (GPC) announced that its technical cadres succeeded in creating several working models for using artificial intelligence (AI) to track the stratigraphic traps of brownfields that suffer from natural depletion due to cumulative production over the years.
As Egypt’s leading private sector energy and utility provider, TAQA Arabia’s EBITDA expanded by 35% year on year (YoY) to EGP 571.1 million in Q3 of 2024.
Within the framework of the social responsibility strategy of the petroleum sector and the close cooperation between the petroleum sector and civil society institutions to support the Egyptian society, the Petroleum Air Services (PAS) inaugurated Abu Rudeis Central Hospital after its development in cooperation with the Orman Association.
Minister of Petroleum and Mineral Resources, Karim Badawi, met with ADES CEO, Mohamed Farouk, and ADEs Egypt Country Manager, Ahmed Mohy, to discuss the company’s exploration and production (E&P) work.
Didi Egypt, the global leader in smart transportation, has announced a strategic collaboration with Master Gas (a subsidiary of TAQA Arabia Group), a leading distributor of compressed natural gas (CNG), to promote the use of CNG among drivers in Egypt.