News / Egypt

Egypt Taps Baker Hughes’ Technology to boost Mineral Wealth

The Egyptian Mineral Resources and Mining Industries Authority discussed ways of cooperation and strategic partnership with Baker Hughes, one of the largest companies specializing in energy technologies. The goal is to develop Egypt’s mining and mineral resources sector by integrating modern technologies and sustainable practices. These discussions, which aims to maximize the added value of the country’s mineral wealth, was discussed during a meeting at the Authority’s headquarters.

Total Energies Advises Egypt on Safe Petroleum Transport System

Egypt and TotalEnergies Marketing (TEME) discussed ways to enhance cooperation in the field of safe transportation of petroleum products. This came during a meeting between Karim Badawi, Minister of Petroleum and Mineral Resources, with Thomas Strauss, Managing Director at TotalEnergies Marketing Egypt, on the occasion of the end of his tenure. He was accompanied by Mutaz Nazzal‏, who will assume the position, and a representative of the TotalEnergies Group in Egypt.

GUPCO Hosts the First Field Workshop for EOG 2025 Convention

Field engineers representing 15 companies operating in the Eastern Desert and the Gulf of Suez gathered at the Ras Shoukair base on September 9th and 10th to exchange best practices used in the area and share personal experiences in overcoming operational challenges on the ground.

Badawi Inspects Petrojet’s Leadership Development Program

Minister of Petroleum and Mineral Resources, Karim Badawi, inspected the interactive workshop for the third batch of the Petroleum Projects and Technical Consultations Company’s (Petrojet) “Believers Build Better Tomorrow” program. The visit aimed to follow up on the program’s progress, ensure smooth implementation, and reaffirm the ministry’s support for building leadership and management skills among project managers.

Madbouly: October Fuel Price Hike Might Be the Last

Prime Minister Mostafa Madbouly said the upcoming increase in fuel prices, expected in October, may be the last major hike if current global price levels hold. He emphasized that even after this adjustment, the diesel subsidy will not be fully removed. Madbouly made these remarks during a dialogue with chief editors of various newspapers and news websites.

Madbouly: Egypt aims to Secure its Gas Needs through 2030

Egypt is working to secure its gas and energy needs for the next five years, Prime Minister Mostafa Madbouly stated during a meeting with the editors-in-chief of various Egyptian newspapers and news websites on September 16.

Cairo Forum Charts MENA’s Green Future

Egypt has reaffirmed its role as a regional anchor in the clean energy transition with the opening of the 2025 Cairo Regional Forum on Financing Renewables, Green Hydrogen and Green Ammonia, held at Nile University on September 17–18. The two-day event will convene government officials, financiers, developers, and industry leaders to address one of the region’s most pressing challenges: how to turn green hydrogen and ammonia plans into bankable projects.

Khalda Petroleum Reports 23 Discoveries, Production, Reserves Growth in FY 2024/25

Khalda Petroleum Company, a joint venture (JV) between Apache and the Egyptian General Petroleum Corporation (EGPC), made 23 oil discoveries, including West Faiops-1X and NUT S-1X, during fiscal year (FY) 2024/25. Moreover, the company exceeded its targets, with natural gas production reaching 514 million cubic feet per day (mmcf/d), according to Moataz Atef, Khalda’s Chairman and Managing Director.

PhPC Beats Output Target, Averaging 76,100 boe/d in FY 2024/25

The Pharaonic Petroleum Company (PhPC) recorded an average output of 76,100 barrels of oil equivalent per day (boe/d), exceeding its approved production plan by 119% for fiscal year (FY) 2024/2025, said chairman Hossam Zaki in the company’s general assembly meeting to review its key performance results.

MoPMR Boasts Gradual Rise in Oil, Gas Production in FY 2024/25

"Egypt's Oil and Gas production is back on Track, with the sector succeeding in overcoming the decline witnessed in recent years to start a phase of gradual production increases," the Ministry of petroleum and Mineral Resources(MoPMR) said in a press release accompanied by infographics showing the main measures taken by the government to reach this point. 

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