News / Egypt
Badawi, UAE Ambassador Explore Investment Opportunities in Egypt
In a meeting with the Minister of Petroleum and Mineral Resources Karim Badawi, the UAE’s Ambassador to Egypt Maryam Al Kaabi said that Egypt is an attractive destination for investments expressing UAE’s desire to strongly invest in the Egyptian oil and gas sector.
PM, Petroleum Minister Meeting Focuses on Fuel Reserves for Electricity
Prime Minister Mostafa Madbouly has met with the Minister of Petroleum and Mineral Resources Karim Badawi, Minister of Electricity and Renewable Energy Mahmoud Esmat, and Minister of Finance Ahmed Kouchouk to review the progress of preparing strategic fuel reserves needed for operating power stations.
APEX Appoints Tom Everitt VP, Managing Director of PetroFarah JV
Apex International Energy has announced that Tom Everitt has joined the company as the Vice President, Engineering, and General Manager and Managing Director of the company's PetroFarah joint venture (JV) with the Egyptian General Petroleum Corporation (EGPC).
Badawi Delivers Ministry Statement before Parliament Committee
In the statement, Badawi explained that there are currently 145 commitment agreements in force in the field of research and exploration for oil and gas, which have been concluded with 40 partners.
Prime Minister Stresses the Necessity of Increasing Production, Paying Partners’ Dues
The Prime Minster Mostafa Madbouly has met with the Minister of Petroleum and Mineral Resources Karim Badawi stressing the necessity of fast increasing the petroleum’s sector production in cooperation with the foreign partners and focusing on paying those partners’ duties.
Badawi Reviews Petrobel’s Milestones, Zohr Field Progress in Port Said
Minister of Petroleum and Mineral Resources Karim Badawi has highlighted that safety is very important and working to constantly improve it is a priority.
Badawi Praises EGAS Efforts, Emphasizes Need to Resolve Debts and Attract Foreign Investments
Minister of Petroleum and Mineral Resources Karim Badawi has met with the Chairman of the Egyptian Natural Gas Holding Company (EGAS) Yassin Mohamed, and his representatives.
Badawi Inspects SUMED Port in Ain Sokhna
Minister of Petroleum and Mineral Resources Karim Badawi has inspected the facilities of the Arab Petroleum Pipelines Company (SUMED) in the port of Ain Sokhna, the main control unit in the port, the marine piers, the imported natural gas facilities points, the gasification ship, and the diesel reception.
Prime Minister Madbouly Reports Progress on Settling Foreign Company Arrears
In a recent press conference, Prime Minister Mostafa Madbouly stated that between 20% to 25% of the value of arrears due to foreign companies have already been paid, depending on each company’s arrears.
