News / Egypt

BAPETCO Makes New Discovery in Western Desert

Badr El-Din Petroleum Company (BAPETCO) has made a new natural gas discovery in the Badr-15 area through the BED 15-31 well in the Western Desert .
The new well has already been brought online with an initial production rate of 16 million cubic feet (mcf ) of gas and 750 barrels of condensate per day. The discovery, located in the Lower Bahariya reservoir, is expected to add around 15 billion cubic feet (bcf) of gas to Egypt’s reserves.

Badawi Deepens Energy Ties with Bechtel, UEG, Subsea7, S&P Global

At the conclusion of his participation in the ADIPEC 2025 Exhibition and Conference in Abu Dhabi, Karim Badawi, Minister of Petroleum and Mineral Resources, met with executives and leaders of U.S Bechtel Corporation, China’s United Energy Group (UEG), Norwegian Subsea7, and U.S S&P Global. The meetings discussed strengthening existing partnerships and exploring new opportunities in oil, gas, and energy transition projects.

Egypt, OAPEC Forge Closer Ties to Boost Energy Cooperation

Karim Badawi, Minister of Petroleum and Mineral Resources, met with OAPEC Secretary General Al-Loughani at ADIPEC 2025 to strengthen Arab energy integration. They agreed to enhance cooperation on energy security, supply stability, technology transfer, and human capacity development.

Egypt Signs Two Agreements to Boost East Med E&P

Karim Badawi, Minister of Petroleum and Mineral Resources, secured two deals at ADIPEC 2025 to boost E&P in the East Med: a 95,000 square kilometers (sq) km OBN seismic survey with SLB and Viridien and a $44 million EUG contract extension to attract investment.

Badawi Highlights Egypt–Cyprus Cooperation as Regional Energy Integration

Karim Badawi, Minister of Petroleum and Mineral Resources, stated that Egypt is enhancing its role as a key regional hub for trading and exchanging energy, leveraging its fully integrated infrastructure. Speaking with Cyprus Energy Minister George Papanastasiou at ADIPEC 2025, Badawi emphasized that this arrangement enables Egypt to provide reliable route for delivering East Mediterranean gas resources to global markets at a competitive cost.

Badawi Honors ENPPI, Petrojet, EMC for ENR Recognition On Sidelines of ADIPEC 2025

Minister of Petroleum and Mineral Resources Karim Badawi honored several Egyptian petroleum companies during a recognition ceremony held on the sidelines of Egypt’s participation in the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2025).

The honored companies, including the Engineering for the Petroleum and Process Industries (ENPPI), Petrojet, and Egyptian Maintenance Company (EMC), were recognized for their outstanding performance and global achievements after being listed in the 2025 Engineering News-Record (ENR) ranking of the world’s top 250 construction companies.

Badawi Meets Technip, Honeywell, KNOC to Boost Energy Cooperation

On the sidelines of the ADIPEC 2025 Exhibition and Conference in Abu Dhabi, Karim Badawi, the Minister of Petroleum and Mineral Resources, met with heads of several major international companies, including Technip Energies, Honeywell, and the Korean National Oil Corporation (KNOC) to discuss cooperation opportunities in the energy sector. 

Badawi, Al Ghais Strengthen Egypt–OPEC Relations at ADIPEC

On the sidelines of the ADIPEC 2025 Exhibition and Conference in Abu Dhabi, Karim Badawi, Minister of Petroleum and Mineral Resources, met with Haitham Al Ghais, Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), to discuss deepening cooperation between Egypt and the organization.

ExxonMobil Expands Gas Exploration in Egypt with New Concession West of Zohr Field

ExxonMobil has signed a Letter of Intent (LOI) with the Egyptian Natural Gas Holding Company (EGAS) to expand the former's natural gas exploration activities in the Mediterranean Sea, marking a new chapter in the company’s partnership with Egypt. The agreement was signed on the sidelines of the ADIPEC 2025 conference in Abu Dhabi, in the presence of Minister of Petroleum and Mineral Resources Karim Badawi, and John Ardill, ExxonMobil’s Vice President of Global Exploration.

Badawi Meets with Mubadala, TAQA, AIQ, US Firms to Expand Investments in Egypt

Karim Badawi, Minister of Petroleum and Mineral Resources explored investment interest from Mubadala, Devon Energy, and EOG Resources at ADIPEC 2025, focusing on accelerating Zohr gas and the Red Sea bid round. He also discussed possible partnerships with TAQA and AIQ to boost operational efficiency.

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