Minister of Petroleum and Mineral Resources Karim Badawi received a delegation from Aton Resources headed by its CEO Tonno Vahk in which he presented the company’s activities and exploration efforts in Abu Marawat concession area located in the Eastern Desert and the Arabian-Nubian Shield.
The financial indicators of Abu Qir Fertilizers and Chemical Industries Company (AFC) for the quarter of the current fiscal year 2024/25 showed that it achieved total revenues of EGP 5.08 billion, Al Ahram Newspaper reported.
Minister of Petroleum and Mineral Resources Karim Badawi met with members of the Oil and Gas Committee of American Chamber of Commerce (AmCham) Egypt showcasing the Ministry of Petroleum and Mineral Resources' (MoPMR) endeavors to attract new investments in Egypt's energy sector.
QatarEnergy entered into an agreement with Chevron to acquire a 23% working interest in the concession agreement for the North El-Dabaa (H4) Block, in the Mediterranean Sea offshore Egypt.
At the beginning of the meeting, Madbouly referred to the efforts of various concerned state agencies to maximize the benefit from Egypt's natural resources and wealth, through expanding research and exploration of Egypt's abundant natural resources and precious minerals, in cooperation with major international and local companies specialized in this field.
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.
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.
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.
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.
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.
