Egypt, Eni Discuss Plans to Boost Gas Production

• Friday, 16th January 2026
• by Sherine Samir

Minister of Petroleum and Mineral Resources, Karim Badawi, met with a high-level delegation from Italy’s energy giant Eni to review the company’s operations in Egypt and discuss plans to drill new natural gas wells in the Mediterranean.

Discussions focused on the execution of current projects and the timeline for increasing gas and crude oil output from Eni’s concessions in the Mediterranean and Western Desert. The meeting also explored ways to leverage Eni’s technical expertise and advanced technologies to enhance the efficiency of existing wells.

The delegation included Diego Portoghese, Head of North Africa and Levant, Francesco Gaspari, General Manager of the International  Egyptian Oil Company (IEOC),  Eni’s Egyptian subsidiary, and Mahmoud Abou El-Yazid, Deputy General Manager of Eni in Egypt.​ 

Egypt Boosts Oil and Gas Output with New Discoveries

• Friday, 16th January 2026
• by Sherine Samir

Khalda  Petroleum, General Petroleum Company (GPC) and Disouq Petroleum Company (DISOUCO) have successfully drilled a number of productive wells across their concession areas in the Western Desert, Eastern Desert, and Nile Delta, adding around 47 million cubic feet of gas(mncf/d) and 4,300 barrels  (bbl/d) of oil and condensates to the national output.

The drilling operations, which include five fresh exploration wells, come as part of the Ministry of Petroleum and Mineral Resources (MoMPR)’s strategy to raise production and intensify drilling and exploration programs, according to a statement by the ministry.

Badawi Promotes Egypt’s Mining Reforms to Global Investors in Riyadh

• Thursday, 15th January 2026
• by Doaa Ashraf

Karim Badawi, Minister of Petroleum and Mineral Resources, opened a Future Minerals Forum  (FMF) session in Riyadh showcasing Egypt’s mining reforms, investment incentives, and upstream opportunities to international investors and executives. The presentation marks Egypt's shift from planning mining reforms to executing them, backed by legislative updates and streamlined licensing, according to a Ministry of Petroleum and Mineral Resources (MoPMR) statement.

Egypt Seeks World Bank Support to Boost Mining Sector

• Thursday, 15th January 2026
• by Fatma Ahmed

Karim Badawi, Minister of Petroleum and Mineral Resources, discussed with Robert Schlotterer, World Bank (WB) Group Metals and Minerals Practice Manager, possible cooperation with the bank's entities -like the International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA)- in financing exploration activities, risk management, and private sector expansion. 

The talks, taking place during the Future Minerals Forum in Riyadh, included means to help  Egypt achieve its goal of lifting the mining sector's contribution to gross domestic product (GDP)  from 1% to 5-6%, according to a statement by the Ministry of Petroleum and Mineral Resources (MoPMR).

SLB Eyes Lithium Extraction in Egypt

• Thursday, 15th January 2026
• by Doaa Ashraf

SLB  expressed interest to start assessment of lithium potential and its extraction in Egypt, and to conduct new pilot tests in the Eastern Desert. This came during a meeting of SLB's Head of Mining, Nicholas Lugansky, with Karim Badawi, Minister of Petroleum and Mineral Resources, on the sidelines of the Future Minerals Forum (FMF) in Saudi Arabia.

During the meeting, Lugansky presented  SLB's strategic shift toward mining since 2024, noting that the company applies its oilfield expertise and technologies to critical minerals exploration, particularly lithium, to support the global energy transition.

Badawi Meets Barrick Gold, Lotus Gold, and BHP on Mining Investment in Egypt

• Wednesday, 14th January 2026
• by Doaa Ashraf

Karim Badawi, Minister of Petroleum and Mineral Resources, met with senior executives from Canada's Barrick Gold and Lotus Gold, and Australia’s BHP on the sidelines of the Future Minerals Forum, to discuss upcoming gold and mineral exploration programs, joint investment opportunities, and ways to leverage Egypt’s mining reforms to attract long-term international investment.

Petroleum Minister Urges Africa Toward Value-Added Mining

• Wednesday, 14th January 2026
• by Doaa Ashraf

Karim Badawi, Minister of Petroleum and Mineral Resources, called for transforming Africa’s mineral riches into integrated industries instead of raw material exports to drive employment and development. This came during a roundtable titled Africa: Unlocking Infrastructure Funding for Copper Belt Production at the Future Minerals Forum(FMF) in Riyadh.

Scatec Eyes Expansion in Egypt’s Renewables

• Wednesday, 14th January 2026
• by Samar Samir

Expanding investments of Norway's renewable energy giant Scatec in Egypt was thoroughly discussed during a meeting between Hassan El Khatib, Investment and Foreign Trade Minister, Norwegian Ambassador to Cairo Erik Husem, Scatec CEO Terje Pilskog, and European Investment Bank (EIB) Vice President, Gelsomina Vigliotti.

Egypt, ACWA Power Advance Wind and Solar Projects to Boost Grid Stability

• Wednesday, 14th January 2026
• by Doaa Ashraf

Mahmoud Esmat, Egypt’s Minister of Electricity and Renewable Energy, met with Saudi Arabia’s ACWA Power  Country Development Director, Hassan Amin, to discuss means of enhancing cooperation and partnership in the fields of renewable energy and supporting the unified grid. The meeting comes as part of the national plan to add new solar and wind generation capacities to achieve energy security and a balanced mix. The plan also expands battery storage technologies to secure the grid and ensure a stable electricity supply

Esmat and Amin reviewed progress on Acwa Power's 1.1-gigawatt (GW) Zafarana wind power project, with the first phase of 550 megawatts (MW) scheduled to enter commercial operation by the end of this year, according to a statement by the Cabinet. Also, they discussed the company's future large-scale wind project south of Hurghada, with a total capacity exceeding 1.5 gigawatts (GW), that is currently in the phase of final feasibility studies and technical assessments before construction begins.

Badawi Highlights Egypt’s Mining potential During FMF Meetings

• Wednesday, 14th January 2026
• by Doaa Ashraf

On the sidelines of his participation in the Future Minerals Forum (FMF) in Riyadh, Karim Badawi, Minister of Petroleum and Mineral Resources, held a series of meetings with senior executives of leading mining companies to explore opportunities for partnership and investment in Egypt.