News / Egypt

Gastec Signs Cooperation Protocol to Support “Egypt in Our Eyes” Initiative in Beni Suef

Within the framework of the social responsibility strategy of the Ministry of Petroleum and Mineral Resources (MoPMR) and its continuous keenness to enhance the contributions of its companies in supporting health care, Gastec signed a cooperation protocol with Mervat Soltan Charity Foundation supporting "Egypt in Our Eyes" initiative to combat the causes of blindness and visual impairment for the incapable people in Beni Suef.

Badawi Visits Stena Forth Drillship as Chevron Begins Mediterranean Exploration

Minister of Petroleum and Mineral Resources, Karim Badawi, visited the Stena Forth drillship as Chevron commences its Egyptian West Mediterranean offshore endeavor; with the drilling of the Khendjer-1 well on the North El Dabaa block.

SIDPEC and ELAB Renovate Coptic Hospital in Alexandria

The hospital development works included SIDPEC, in cooperation with ELAB, conducting an assessment of the needs that would rehabilitate and develop hospitals that serve a wide segment of the people of the North Delta, with the aim of achieving sustainable development and creating a positive development in the lives of individuals within the Egyptian society, in order to provide the required support.

ETHYDCO and EPROM Join Forces at NIOF Conference to Promote Green Future Initiatives

The Egyptian Ethylene and Derivatives Company (ETHYDCO) and the Egyptian Projects Operation and Maintenance (EPROM) participated in the conference of National Institute of Oceanography and Fisheries (NIOF) in Alexandria.

BAPETCO Signs 3 CSR Protocols for Projects in Matrouh

Badr Eldin Petroleum Company (BAPETCO) signed a number of cooperation protocols to implement intensive development projects in Matrouh Governorate. This comes within the framework of the petroleum sector’s strategy for social responsibility, Egypt’s Vision 2030.

Egyptian Petroleum Leaders Forge Key International Partnerships at ADIPEC 2024

On the sidelines of ADIPEC 2024, the Egyptian General Petroleum Corporation’s (EGPC) Chairman Salah Abdel Kerim and Ihab Ragai, First Undersecretary of the Ministry of Petroleum and Mineral Resources (MoPMR) for Production, held several meetings with several heads of international companies that cooperate with the petroleum sector in implementing many projects.

MoPMR, Dragon Oil Sign MoU for AI Application in Petroleum Reservoirs

The Egyptian Ministry of Petroleum and Mineral Resources (MoPMR) signed a memorandum of understanding (MoU) with Dragon Oil on using advanced artificial intelligence (AI) applications in the management of petroleum reservoirs in the company's concession areas in the Gulf of Suez, which contributes to improving production efficiency and sustainability.

Dana Gas Eyes Egypt Growth, Seeks Payment Release

Dana Gas released its financial results for nine months ending 30 September 2024, reporting a decline in net profit of AED 410 million ($112 m), compared to AED 462 million ($126m) in 9M 2023, due to lower realized prices in condensate and LPG. Meanwhile, the company focused on driving cost and production optimization, especially in the KRI to offset the financial impact of these challenges.

Egypt Launches Sustainable Aviation Fuel Company to Drive Green Energy Transition

The project aims to reduce carbon dioxide emissions by up to 400,000 tons annually, with an estimated investment cost of around $530 million.

MoPMR Excels in Complaint Resolution

The Ministry of Petroleum and Mineral Resources (MoPMR) achieved remarkable rates of responses to citizens’ complaints in terms of quantity and quality in dealing with and addressing the causes of complaints.

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