Egypt to Launch New International Bid Round Exploration in Red Sea via EUG

• Wednesday, 15th October 2025
• by Doaa Ashraf

Egypt is preparing an international bid round for oil and gas exploration in four areas of the Red Sea, which will soon be launched through the Egypt Upstream Gateway (EUG). This was discussed during a meeting between Karim Badawi, Minister of Petroleum and Mineral Resources, and leaders from SLB and the petroleum sector, held on the sidelines of World Energies Summit in London. Badawi also met with leaders from TotalEnergies and Chevron to review the progress of current operations and explore new investment opportunities in the oil and gas sector.

ENPPI Achieves Record Rankings at ENR 2025 Global Lists

• Wednesday, 15th October 2025
• by Fatma Ahmed

Engineering for the Petroleum and Process Industries (ENPPI) advanced to its highest-ever positions in the 2025 Engineering News-Record (ENR) international rankings, reflecting strong performance and growing global presence. The company climbed to 64th place among the Top 225 International Design Firms, up from 73rd in 2024, and remains the only Egyptian oil and gas company on the prestigious list.

Badawi Promotes oil and Gas investment opportunities at 2 London Events

• Wednesday, 15th October 2025
• by Fatma Ahmed

On the sidelines of his participation in the World Energies Summit and the London Energy Forum in the UK ,Karim Badawi, Minister of Petroleum and Mineral Resources, held a series of bilateral meetings with several international energy companies to unveil the investment and expansion opportunities in Egypt.

UEG Completes Acquisition of Apex International Energy

• Wednesday, 15th October 2025
• by Editorial Team

United Energy Group Limited (UEG) announced the successful completion of its acquisition of Apex International Energy Holdings I, following the satisfaction of all conditions precedent under the Sale and Purchase Agreement (SPA). The transaction was completed on 14 October 2025, in accordance with the terms of the SPA.

Badawi: Egypt to Drill 480 New Exploration Wells through 2030

• Tuesday, 14th October 2025
• by Doaa Ashraf

Egypt plans to drill around 480 new oil and gas exploration wells over the next five years with total investments exceeding $5.7 billion, announced Karim Badawi, Minister of Petroleum and Mineral Resources, during his keynote speech at the World Energies Summit held in London. He explained that 101 wells are scheduled for drilling in 2026 alone, distributed across Egypt’s main petroleum regions, 67 wells in the Western Desert, 14 in the Mediterranean, 9 in the Gulf of Suez, and 6 in the Nile Delta, contributing directly to increasing domestic production.

Badawi Holds Mining, Energy Investment Talks on Sidelines of London Energy Intelligence Forum

• Tuesday, 14th October 2025
• by Doaa Ashraf

On the sidelines of the Energy Intelligence Forum in London, Karim Badawi, Minister of Petroleum and Mineral Resources, met with several international mining companies and financial institutions to explore cooperation opportunities and foster new partnerships to boost investment in Egypt.

Egypt, Baker Hughes Explore New Tech Cooperation to Boost Output, Cut Emissions

• Tuesday, 14th October 2025
• by Reem Hossam El-Dein

Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi met with Lorenzo Simonelli, Chairman and CEO of Baker Hughes, on the sidelines of the Energy Intelligence Forum 2025 in London to discuss strengthening technological collaboration aimed at increasing oil and gas production and reducing carbon emissions.

Egypt Exports LNG to Italy from Idku Liquefication Plant

• Tuesday, 14th October 2025
• by Doaa Ashraf

Egypt has exported  155,000 cubic meters of liquefied natural gas (LNG) from its liquefaction plant in Idku to Italy. The exported gas was carried onboard the New NATURE tanker operated by Shell Interrnational. 

The shipment, according to a statement by the Ministry of Petroleum and Mineral Resources (MoPMR), comes within the framework of the Ministry’s strategy to encourage international partners to increase investments necessary to bolster gas exploration and domestic production.  This strategy said the ministry has led to accelerating the development of phases 10 and 11 of the West Delta Deep Marine (WDDM) project-co-operated and partly owned by Shell, -in the Mediterranean Sea, to boost natural gas output dedicated for export.

bp Uses Valaris Deepwater Rig to Drill 5 New Gas Wells Offshore the Mediterranean

• Monday, 13th October 2025
• by Doaa Ashraf

bp has signed a contract with Valaris, an American offshore drilling contractor, to drill five new natural gas wells in its Mediterranean concession areas at a depth of 300-1500 meters, utilizing the Valaris DS-12 deepwater drilling rig. The agreement marks the next phase of bp’s new drilling program in Egypt. This follows a preliminary Memorandum of Understanding (MoU) signed in September with the Egyptian Natural Gas Holding Company (EGAS) in London to implement the program.

Commenting on the move, Karim Badawi, Minister of Petroleum and Mineral Resources, stated that bp’s recent gas  projects in the Mediterranean were pivotal for boosting domestic gas production and securing new resources during peak summer consumption. He emphasized the government’s full support to accelerate bp’s new projects, with the goal to increase local gas output over the next year, while discovering new gas reservoirs to enhance Egypt’s production capacity and reduce import needs.

El-Sisi,CNCEC Discuss Soda Ash Project for Industrial Self-Sufficiency

• Monday, 13th October 2025
• by Doaa Ashraf

President Abdel Fattah El-Sisi affirmed the importance of Egypt's Soda Ash project for supporting self-sufficiency in local industries and reducing imports. Led by Taiwan’s TCC Group, a subsidiary of China National Chemical Engineering Co., Ltd. (CNCEC), in partnership with Egyptian entities, the project will be Egypt's first integrated soda ash production complex, providing vital raw material for glass, detergents, paper, and fertilizer manufacturing–sectors that are currently almost entirely reliant on imports.

El-Sisi made his statement during a meeting with Mo Dingge, Chairman of CNCEC, in the presence of Prime Minister, Mostafa Madbouly: Karim Badawi, the Minister of Petroleum and Mineral Resources; Wu Xiang gong, the Vice Chairman of the CNCEC Group and Chairman of TCC Company, in addition to Guo Guihe, CEO of TCC.