News / Egypt

Egypt Adds 45 mmcf/d of Gas from Four Wells

Egypt’s petroleum sector has added 45 million cubic feet per day (mmcf/d) of natural gas and 540 barrels per day (bbl/d) of condensates from four wells in the Western Desert, Gulf of Suez, and onshore Nile Delta, the Ministry of Petroleum and Mineral Resources said.
The additions comprise three new wells brought onstream and one previously shut-in well returned to production following repair work.

TotalEnergies ADNOC Marketing, Misr El Kheir Launch Disability Rehabilitation Project

TotalEnergies ADNOC Marketing, a joint venture (JV) between TotalEnergies and ADNOC Distribution, in partnership with Misr El Kheir Foundation, has launched an integrated rehabilitation project for people with disabilities in Sharqia Governorate. The project includes specialized units providing rehabilitation and support services for children, aiming to provide sustainable support to beneficiaries, their families, and the surrounding community.

Madbouly Meets Investors to Drive Mining Sector Growth

Prime Minister Mostafa Madbouly held a roundtable with local and international mining companies and financial institutions to discuss developing the country’s mining sector, improving infrastructure, and strengthening investor confidence.

The meeting, held as part of the fifth Egypt Mining Forum (EMF) 2026, focused on the theme “From Discovery to Industrial Development: Building Investor Confidence Across Egypt’s Mining Value Chain.”

Huawei Signs Solar Energy Agreement to Power Wadico’s Mining Operations

Wadico is investing $3.5 million in a 3.2-megawatt solar power station with Huawei to support 24-hour mining operations and reduce carbon emissions.

Tony Bu, CEO of Huawei Egypt’s Digital Power Business, told Egypt Oil & Gas (EOG) that Huawei’s solar and power solutions can help mining companies optimize operating expenditure (OPEX), enhance energy reliability, and reduce environmental impact by integrating solar generation with advanced energy storage systems.

AMOC Advances Acid Gas Treatment Project, Completes Group II Base Oil Trial

Alexandria Mineral Oils Company (AMOC) has completed the mechanical works for its Acid Gas Treatment Project, including the installation of equipment and instruments and the required testing, according to the company’s disclosure to the Egyptian Exchange (EGX).

The project, with estimated cost of $250,000, is designed to process acid gases from the MDDU unit instead of sending them to the acid flare system. It contributes to enviromental sustainability through reduce carbon emissions by around 28,500 tons annually (t/y) and generate estimated annual savings of around $2.5 million through lower natural gas consumption.

Australia’s Worley Eyes Mining Opportunities in Egypt

Worley, the Australia-based professional services company in energy, chemicals and resources, has expressed interest in tapping the Egyptian market. Vivek Natarajan, Worley's Vice President for Project Delivery and Operations across Saudi Arabia, Bahrain, Egypt, and Sub-Saharan Africa, met Karim Badawi, Minister of Petroleum and Mineral Resources, to explore cooperation opportunities in existing and new mining projects and leverage the Australian company's expertise and capabilities to develop integrated solutions supporting the growth of Egypt’s mining sector. 

During the meeting, held on the sidelines of the Egypt Mining Forum (EMF), Badawi highlighted the importance of resorting to  specialized international expertise to improve the development and execution of mining projects, support the government’s efforts to maximize the added value of mineral resources and attract more investment to the sector.

IFC Mulls $120 Mn Debt Financing for Egypt’s Gabal El Zeit Wind Farm

The International Finance Corporation (IFC), the World Bank's private sector arm,  is considering extending a $120 million debt facility to UAE's Alcazar Energy to fund the acquisition, operation, and maintenance of the 580-megawatt (MW) Gabal El Zeit (GEZ) wind farm in Egypt’s Red Sea Governorate, according to an IFC’s release.

In June 2026, Alcazar Energy signed a $420 million agreement with New and Renewable Energy Authority (NREA) and the Egyptian Electricity Transmission Company (EETC) for the acquisition of the wind farm. The agreement established the commercial terms of the transaction and secured the project’s 25-year power purchase agreement (PPA) with EETC, guaranteed by the Ministry of Finance.

Badawi Advances Global Mining Cooperation with DRC, Saudi Arabia, and World Bank

Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi held separate talks with officials from the Democratic Republic of Congo, Saudi Arabia and the World Bank to expand mining cooperation and investment.

Badawi: 14 Multinational Companies Bid for Egypt Mining Licences Since June

119 mining companies have applied for licences across Egypt since the launch of the Open Blocks licensing system on 10 June 2026, including more than 14 foreign firms from Australia, the United Kingdom, Canada, Saudi Arabia, Turkey, South Africa, India and China, Minister of Petroleum and Mineral Resources Karim Badawi said at the opening session of the fifth edition of Egypt’s Mining Forum(EMF) 2026.

He explained that these companies submitted 403 bids for 118 blocks out of a total of 335 offered, covering nearly 45,000 square kilometres. The areas include promising deposits of gold, phosphate, talc, kaolin, and other minerals.

EUG Highlights North El Maamura Block Ahead of December Bid Round Deadline

The Egypt Upstream Gateway (EUG) has provided an overview of the North El Maamura Offshore block, one of the 14 blocks included in the Ministry of Petroleum and Mineral Resources (MoPMR)’s 2026 international bid round, launched on August 11.

According to EUG, the block covers an area of 2,040 square kilometers (km²) in the Nile Delta geologic basin. It is located offshore in the Mediterranean Sea, approximately 90 km north-northeast of Alexandria, with its southern and northern boundaries situated roughly 75 km and 110 km from the shoreline, respectively. Three wells have previously been drilled in the block at water depths ranging from 1,000 to 1,550 meters (m).

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