Karim Badawi, the Minister of Petroleum and Mineral Resources, and Expro, the international energy services company, met to discuss ways to enhance cooperation in drilling services and technological solutions for the oil and gas industry. The company was represented by Hussein Elsisi, MENA Vice President at Expro, and Ossama Amin, the company's CEO for the East Mediterranean and South Gulf region.
Agiba Petroleum Company, one of Eni’s joint ventures in Egypt, has increased the production rates from its Iris and Arcadia West areas in the Western Desert to 12,000 barrels of oil equivalent per day (boe/d). This marks a significant 4,100 boe/d increase in output from the Iris field, which previously had a production rate of 7,900 boe/d, after the Iris-5 well was recently brought online, adding 2,000 barrels per day (b/d).
The Natural Gas Vehicles Company (Cargas) received a delegation from the Nigerian Petroleum Sector, which was briefed on the Egyptian experience in converting cars to run on compressed natural gas (CNG), as one of the most prominent environmental and economic solutions in the alternative energy sector.
s part of his Visit to Amman, Karim Badawi, Minister of Petroleum and Mineral Resources, met with Saleh Al-Kharabsheh, Jordanian Minister of Energy and Mineral Resources, to discuss the cooperation between the two countries in the oil and gas sector.
The two ministers stressed the importance of building on their cooperation in natural gas, which utilizes existing infrastructure, including the gas network connecting Egypt and Jordan, as well as the liquefied natural gas (LNG) import system, while also promoting the exchange of technical expertise.
Egypt and TotalEnergies discussed enhancing joint cooperation, with new investment opportunities available through the Egypt Upstream Gateway (EUG) for oil and gas exploration in offshore and onshore areas. This came during the meeting between Karim Badawi, Minister of Petroleum and Mineral Resources, and Pascal Breant, Managing Director of TotalEnergies Exploration and Production in Egypt.
The Global Hydrogen Organization (GH2) has called for urgent action to unlock innovative financing tools and build stronger demand for green hydrogen in Egypt and the wider MENA region. The call was made during the 2025 Cairo Regional Forum on Financing Renewables, Green Hydrogen, and Green Ammonia, organized by the GH2 International Green Hydrogen Centre of Excellence at Nile University in Giza.
Minister of Petroleum and Mineral Resources, Karim Badawi, held a meeting with a delegation of officials from the Saudi Egyptian Investment Company (SEIC), a subsidiary of the Public Investment Fund (PIF) of Saudi Arabia to review the company's current investments in the petrochemical and fertilizer industries in Egypt through its stake in Misr Fertilizers Production Company (MOPCO) and Abu Qir Fertilizers and Chemicals Industrials Company.
Yassin Mohamed, First Undersecretary of the Ministry of Petroleum and Mineral Resources and supervisor of environment, safety, energy efficiency, and climate, visited the Methanex Egypt company factory in Damietta Governorate.
Reflecting the ministry’s commitment to embedding a culture of occupational health and process safety as a strategic pillar of the sector, the visit highlighted the long-standing partnership with Methanex to strengthen process safety systems across petroleum, gas, and petrochemical operations. It featured a field tour of the site to review operational processes, control and prevention mechanisms, and the safety systems in place. Moreover, the Methanex Egypt team showcased the company’s achievements in the field of safety.
As part of efforts to strengthen Egyptian-American investment relations, Karim Badawi, Minister of Petroleum and Mineral Resources, received a delegation from the US International Development Finance Corporation (DFC) to discuss opportunities for cooperation in the country’s energy sector, with a particular focus on renewable energy and the petrochemical industry.
The Minister of Petroleum and Mineral Resources, Karim Badawi, received Abby Badwi, CEO of Canadian Tag Oil, operating in Egypt's Badr-1 field in the Western Desert, to discuss the company's plans to expand its exploration and production activities, particularly from unconventional resources.
