News / Egypt

Energean Egypt’s Assets Reports “Excellent Performance” in 9m 2025

Energean, the international energy company focused on natural gas exploration and production, announced that its Egyptian assets showed “an excellent performance” during the first nine months of 2025 with production of 29,000 barrels of oil equivalent per day (boe/d), according to its latest trading update report. The strong Egyptian performance offset the effect of a decline in production at the company's interest in the Cassiopea Field, Italy.

Petrosilah Undergoes Senior Management Reshuffle

Karim Badawi, Minister of Petroleum and Mineral Resources, appointed Mohamed Awad as Chairman and Managing Director of Petrosilah Petroleum Company. The decision also included the appointment of Mostafa Abdel-Moneim Abbas as General Manager of Operations for the company.

Badawi Launches Reshuffle in Financial Affairs Leadership Across the Sector

In a continued effort to enhance performance and inject new expertise, Karim Badawi, Minister of Petroleum and Mineral Resources, issued a new round of transfers among senior financial affairs executives in the petroleum sector..

EGPC, ExxonMobil Sign Agreement to Boost Fuel Transport Safety

The Egyptian General Petroleum Corporation (EGPC) has signed a strategic Memorandum of Understanding (MoU) with ExxonMobil Egypt. The MoU is to enhance risk management, operational safety, and training across Egypt’s fuel transportation and distribution system.

According to a statement by the Ministry of Petroleum and Mineral Resources (MoPMR), the MoU was signed in a meeting attended by Salah Abdel Kerim, EGPC Chairman, and Sherif Serag El Din, ExxonMobil Egypt’s Vice Chairman and Managing Director. 

ENPPI Secures MEED ‘Project of the Year’ for North Safa Offshore Field

Engineering for the Petroleum and Process Industries (ENPPI) won the MEED Project of the Year Award 2025 for the energy sector in Egypt for the fourth consecutive year. The award, announced at the annual MEED Projects Awards 2025 ceremony in Dubai, UAE, recognizes ENPPI's work on the North Safa Offshore Field Development Project executed for the Gulf of Suez Petroleum Company (GUPCO).

EOG Committee Restructured to Accelerate Technical and Operational Support for Industry

The Executive Board of the Egypt Oil & Gas (EOG) Committee convened a high-level strategic meeting on November 24, to finalize a comprehensive restructuring of its operational framework. Led by a coalition of Egypt’s most prominent International Oil Companies (IOCs) and technology providers, the meeting outlined a new roadmap to transform the Committee into a catalyst for technical and operational support across the energy sector.

TotalEnergies Egypt Unveils Sponsorship of 11th Youth Centers League

TotalEnergies Marketing Egypt announces the sponsorship of the 11th edition of the Youth Centers League for the 2025–2026 season, marking the third consecutive year of its support for the initiative. The company signed a cooperation agreement with the Ministry of Youth and Sports for the league, which is held under the patronage of President Abdel Fattah El-Sisi.

EGPC Chairman Briefed on BAPETCO’s Five-Year Strategy

Khaled Abdelsalam, Chairman of Badr El-Din Petroleum Company (BAPETCO), presented the company's ambitious five-year plan to double production and quadruple reserves by 2030 at a meeting headed by Salah Abdel Kerim, CEO of the Egyptian General Petroleum Corporation (EGPC), along with BAPETCO leaders.

EGPC's CEO called for an increase in investments to support higher production rates. He also underscored the importance of developing the skills of young employees to prepare them for future leadership roles through continuous technical and personal training.

Badawi and UAE Ambassador Advance Oil, Natural Gas Cooperation

Karim Badawi, Minister of Petroleum and Mineral Resources, met with Hamad Obaid Al Zaabi,  the United Arab Emirates' (UAE) Ambassador to Egypt, to discuss strengthening cooperation and strategic partnerships in the oil and natural gas sector. The meeting underscored the strong, longstanding ties between the two countries, particularly within the energy industry, according to a statement by the Ministry of Petroleum and Mineral Resources (MoPMR).  Badawi highlighted the continued efforts to deepen collaboration, attract new investments, and expand the presence of Egyptian petroleum companies in the UAE.

Minister Badawi Chairs EMRA Board, Reschedules Egypt Mining Forum

Karim Badawi, Minister of Petroleum and Mineral Resources, chaired the first meeting of the Board of Directors for the Egyptian Mineral Resources Authority (EMRA) in its new formation, according to a statement by the Ministry of Petroleum and Mineral Resources (MoPMR). Badawi emphasized that the transformation of the authority into an economic entity, which President Abdel Fattah El-Sisi ratified last June, represents a major step in supporting and developing the mining sector.

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