EGPC Studys Immersion Cooling Technology for Energy Efficiency

• Wednesday, 8th July 2026
• by Doaa Ashraf

The Egyptian General Petroleum Corporation is preparing to implement a Proof of Concept (PoC) for immersion cooling technology at the Petroleum Pipelines Company (PPC), according to Mohamed Abouelmagd, Assistant CEO for Information Technology at EGPC. This comes as part of the petroleum ministry’s strategy to promote sustainability, optimize energy utilization, and strengthen digital transformation capabilities. 

The announcement was made during an expanded technical forum organized by EGPC that brought together information technology representatives from affiliated petroleum companies to discuss the latest advancements of the technology and explore its role of in improving data center efficiency and supporting sustainable operations.

The pilot, which will be carried out in coordination with PPC and technology partners, will evaluate the technology's technical, operational, and economic performance under actual operating conditions within the petroleum sector, according to EGPC's release to Egypt Oil and Gas. The assessment will focus on energy savings, cooling efficiency, equipment reliability, operational resilience, and maintenance requirements for evaluating broader adoption opportunities across the sector's digital infrastructure.

Egypt Targets Doubling Crude Output by 2030 with New Technology

• Wednesday, 8th July 2026
• by Sarah Samir

Karim Badawi, Minister of Petroleum and Mineral Resources, affirmed that the petroleum sector’s five‑year plan aims to double domestic crude oil production by 2030 through expanded application of the latest technologies, most notably horizontal drilling and hydraulic fracturing, alongside the introduction of new contractual frameworks.

This came during the Minister’s meeting with the Board of Directors of the Egyptian General Petroleum Corporation (EGPC) via videoconference, according to a statement by the Ministry of Petroleum and Mineral Resources (MoPMR).

Badawi, El Sewedy Discuss Progress on Ain Sokhna $1bn Phosphate Complex

• Wednesday, 8th July 2026
• by Doaa Ashraf

Karim Badawi, Minister of Petroleum and Mineral Resources, met with Ahmed Elsewedy, President and CEO of Elsewedy Electric, to discuss the final preparations for the first phase of the integrated phosphate industries complex in Ain Sokhna.
The complex, signed in November with total investments of $1 billion, contains three phases. The first phase focuses on the production of phosphoric acid and DAP/TSP fertilizers, each with a capacity of 300,000 tons per year (t/y). The second phase (2029-2031) aims to produce high-purity specialized phosphate chemicals. Meanwhile, in the third phase (2032-2034), the complex targets extending into new energy materials for the production of electric battery components.

Egypt’s Abu Marawat Gold Project Set for 2027 Launch

• Wednesday, 8th July 2026
• by Doaa Ashraf

Egypt's Abu Marawat Gold Project is on track to begin commercial production in 2027, marking a key milestone in the country's efforts to expand gold output, attract mining investments, and providing direct and indirect job opportunities, according to a petroleum ministry statement.

This target was highlighted during a session convened by Abu Marawat Gold Mines Company to review and discuss the Environmental and Social Impact Assessment (ESIA) for the project. The meeting complied with regulated legal procedures to engage relevant stakeholders and the local community before final regulatory approval. 

MoPMR Plans 62 EUG Investment Opportunities to Boost Upstream Sector

• Tuesday, 7th July 2026
• by Doaa Ashraf

The Ministry of Petroleum and Mineral Resources (MoPMR) plans to offer 62 investment opportunities through the Egypt Upstream Gateway (EUG). Karim Badawi, Minister of Petroleum and Mineral Resources, announced the plan during a meeting with the Coordination Committee of Parties' Youth Leaders and Politicians (CPYP), where he reviewed the petroleum sector's ongoing investment allocations, according to a statement by the MoPMR. 

EUG Opens NW Al Amal Block for Bidding Untill September 7

• Tuesday, 7th July 2026
• by Doaa Ashraf

The Egypt Upstream Gateway (EUG) has opened the NW Al Amal Block in the Gulf of Suez for bidding, with submissions accepted until September 7, according to a statement posted on its official LinkedIn page.

Badawi Explores AI Adoption with SLB to Boost Oil Production

• Monday, 6th July 2026
• by Tarek Abdallah

Karim Badawi, Minister of Petroleum and Mineral Resources, met with Sherif Bayoumy, Managing Director of SLB (formerly Schlumberger) for Egypt and the Eastern Mediterranean, and Basil Abdel Wahab, SLB Vice President of Digital Solutions, to discuss deploying advanced artificial intelligence (AI) applications across exploration, production, and operations.

Egypt Pitches Energy, Mining Investment Opportunities to Foreign Diplomats

• Sunday, 5th July 2026
• by Tarek Abdallah

Egypt stepped up efforts to attract foreign investment in its energy and mining sectors, as Foreign Affairs, Emigration and Egyptian Expatriates Badr Abdelatty and Minister of Petroleum and Mineral Resources Karim Badawi discussed opportunities and recent developments in both sectors.

GUPCO Announces the Commissioning Phase 2 of the North Safa Field

• Sunday, 5th July 2026
• by Sarah Samir

The Gulf of Suez Petroleum Company (GUPCO) announced the commissioning of the second phase of the North Safa field development project in the Gulf of Suez, with investments from UAE’s Dragon Oil, in partnership with the Egyptian General Petroleum Corporation (EGPC), according to a statement by the Ministry of Petroleum and Mineral Resources (MoPMR).

Current production from the North Safa field amounts to about 15,000 barrels per day (bbl/d) through five producing wells. The company is preparing to add a new well to production in the coming days, as the first outcome of the project’s second phase, with an output of 2,500 bbl/d.

ANOPC Switches On First Station at Assiut Plant

• Sunday, 5th July 2026
• by Fatma Ahmed

In a key step toward launching Egypt's new diesel production complex, Assiut National Oil Processing Company (ANOPC) has successfully powered up its first electrical station, allowing the facility to begin its final testing and commissioning phase before going fully operational,  according to a statement by the Egyptian General Petroleum Corporation (EGPC)