Minister of Petroleum and Mineral Resources Karim Badawi attended the signing ceremony of a model agreement for the exploitation of gold ore and associated minerals in certain areas of Egypt's Eastern Desert, between the Egyptian Mineral Resources Authority (EMRA) and AngloGold Ashanti.
Minister of Petroleum and Mineral Resources Karim Badawi showcased the Ministry's remarkable operational results during the period between July 2024 to March 2025 to the members of the House of Representatives, along with the plans of the petroleum sector.
An Egyptian-Chinese joint venture (JV) signed a package of contracts to execute the preliminary designs for the first phase of the Red Sea Petrochemicals Complex project at Ain Sokhna.
The agreement was signed between the Red Sea National Petrochemicals Company, China National Chemical Engineering Co. Ltd. (CNCEC), ENPPI, and Petrojet, in the presence of Prime Minister Mostafa Madbouly and the Minister of Petroleum and Mineral Resources, Karim Badawi.
Moataz Atef, the Undersecretary for Minister's Technical Office and Official Spokesperson of the Ministry of Petroleum and Mineral Resources, held a meeting with petroleum journalists and reporters form various mass media outlets to affirm the cooperation and vital role of the petroleum media in showcasing the sector's efforts and delivering the media message professionally and responsibly.
Minister of Petroleum and Mineral Resources Karim Badawi met with bP’s Executive Vice President for Gas and Low Carbon Energy, William Lin, along with other bp officials, to talk about the company's business progress, its investments plans in Egypt, and the development of its new two major discoveries in the Mediterranean region.
Minister of Petroleum and Mineral Resources, Karim Badawi, met with Randy Neely, CEO of Capricorn Energy PLC, and Eleanor Rowley, the company's Managing Director in Egypt, in the presence of Salah Abdel Kerim, Chairman of the Egyptian General Petroleum Corporation (EGPC). The meeting discussed the company's activities in its concession areas in the Western Desert of Egypt and its future plans to intensify upstream activities.
The General Petroleum Company (GPC) has started operating the first of three modern 1,000-horsepower drilling rigs, provided by the Egyptian General Petroleum Corporation (EGPC), to intensify drilling operations at the Gharib producing oilfields in the Eastern Desert, as part of the Ministry of Petroleum and Mineral Resources' strategy to increase domestic production. GPC is currently implementing an intensive drilling program, supported and supervised by EGPC, aimed at drilling 75 wells within 12 months. This is expected to add about 7,500 barrels per day (bbl/d) and increase the total production of Ras Gharib fields to 9,000 bbl/d, driven by the efforts of GPC’s engineers and technicians.
Minister of Petroleum and Mineral Resources, Karim Badawi, met with Marco Villa, the Chief Business Officer (CBO) of the Italian company Technip Energies, and his accompanying delegation. They were joined by Khaled El Badry, the Ministry's Undersecretary for Projects. The meeting discussed the company's activities in Egypt and its plans for the coming period.
The Minister of Petroleum and Mineral Resources, Karim Badawi, met with a delegation from Huawei, led by Senior Vice President of Huawei and President of Global Marketing, Sales, and Services, Huawei Digital Power, Charles Yang, to explore means to enhance cooperation in areas such as digital transformation, clean energy, and hydrogen.
Minister of Petroleum and Mineral Resources Karim Badawi met with Mathios Rigas, Chairman and CEO of Energean, and Nicolas Katcharov, CEO and Chairman of Energean International E&P SpA, to discuss advancing cooperation between Egypt's petroleum sector and Energean's concession areas for natural gas production in the Mediterranean Sea.
