News / Egypt

CORC Signs CSR Agreement for New Project in North Sinai

Cairo Oil Refining Company (CORC) signed a protocol with the Vocational Training and Productive Families Association for establishing new social project (Shabab El Kher) in North Sinai.

El-Sisi Stresses Exploration and Partnerships to Strengthen Petroleum Sector

President Abdel Fattah El-Sisi held a meeting with Prime Minister Mostafa Madbouly; Minister of Petroleum and Mineral Resources, Karim Badawi; Minister of Finance, Ahmed Kouchouk; and Governor of the Central Bank of Egypt, Hassan Abdallah. The meeting discussed efforts to ensure the availability of the state's needs of petroleum products.

OSOCO, Mansoura Petroleum Company Produces 1.3 mboe in H1 2024/25

Offshore Shukheir oil Company (OSOCO) and Mansoura Petroleum Company succeeded in producing 1.3 million barrels of oil equivalent during the first half of 2024/25, at an average of 6,900 barrels of oil equivalent per day (boe/d).

Fouad Stresses Proactive Strategies for Sustainable Growth in Egypt’s Energy Sector

At a roundtable discussion titled “The Impact of Energy Prices on the Egyptian Economy,” hosted by the ElAdl Party on December 28th, Mohamed Fouad, CEO of Egypt Oil & Gas and Secretary General of the Egyptian Gas Association (EGA), played a central role in outlining critical measures to strengthen Egypt’s energy sector and enhance economic resilience.

$2 Million Budget Increase Approved for Magapetco to Drill More Wells in FY 2024/25

An increase in investments has been approved in the budget of Magawish Petroleum Company (Magapetco) to drill more production wells during the current fiscal year (FY) 2024/25 as part of plans to increase production.

Badawi Reviews the New Valley’s Phosphate Potential

Minister of Petroleum and Mineral Resources Karim Badawi met with Mohamed El-Zamlout, Governor of the New Valley, at the ministry’s headquarters in the New Administrative Capital.

AMOC Launches $2M Wastewater Treatment Project with Cutting-Edge Technology

At a cost of $2 million, Alexandria Mineral Oils Company (AMOC) announced that it completed and operated a new project for treating wastewater from phenol pollutant.

EGPC Chairman Follows Up on Butane SCADA Monitoring System at Petrogas

Egyptian General Petroleum Corporation’s (EGPC) Chairman Salah Abdel Kerim followed up on the implementation of the butane gas trading monitoring project using the SCADA system at the headquarters of Petrogas Company in Cairo.

Egypt, Saudi Arabia Explore Cooperation in Energy Efficiency

The Minister of Petroleum and Mineral Resources Karim Badawi met with a delegation from the Saudi Arabia’s Ministry of Energy headed by Ahmed bin Musa Al-Zahrani, the Assistant Minister of Energy for Development and Excellence, where they discussed the ways of launching strategic cooperation and integration in the field of energy efficiency between the two countries.

Key Financial Roles Filled to Support Growth in Petroleum Sector

Minister of Petroleum and Mineral Resources, Karim Badawi, issued a number of assignments across the oil and gas sector, with the aim of supporting petroleum sites with the necessary competencies to achieve future goals and exchange the necessary expertise.

The movement included filling some positions that were vacant due to their occupants reaching the legal retirement age.

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