Egyptian Delegation Participates in Baghdad International Energy Forum

• Monday, 15th September 2025
• by Sarah Samir

A delegation, including big names in Egypt's oil and gas industry, attended the first Baghdad International Energy Forum, held from September 6-7 under the theme "Towards Optimal Investment in Oil and Gas in Parallel with the Energy Transition."
The delegation, authorized by Karim Badawi, Minister of Petroleum and Mineral Resources, included Ehab Ragaee, First Undersecretary of the Ministry for Production; Salah Abdel Kerim, Chairman of the Egyptian General Petroleum Corporation (EGPC); and several other sector leaders.

Badr Petroleum Drills 4 New Wells, Bolsters Production in Concessions in FY 2024/2025

• Monday, 15th September 2025
• by Reem Hossam El-Dein

A significant leap in the production of the Badr-1 concession area was achieved by Badr Petroleum Company in fiscal year (FY) 2024/2025, chairman Ibrahim Massoud revealed at the company’s general assembly reviewing the year’s financial results. He added that execution reached 143% of the targeted plan, resulting in a total daily output of 6,440 barrels of oil equivalent (boe). Moreover, two exploratory wells and two development wells were drilled, which helped enhance production and increase capacity, while also adding approximately 10 million barrels (mmbbl) of confirmed oil equivalent reserves.

Al-Hamra Port Receives 74 mmbbl of Oil in FY 2024/2025: WEPCO Chairman

• Monday, 15th September 2025
• by Reem Hossam El-Dein

Al-Hamra Oil Port in Al-Alamein city received and handled 74 million barrels (mmbbl) of oil during fiscal year (FY) 2024/2025, said Ibrahim Massoud, chairman of the port’s operator, West Desert Petroleum Company (WEPCO).

Speaking at the company’s general assembly meeting, headed by Karim Badawi, Minister of Petroleum and Mineral Resources, Massoud further shed light on the progress made on the port’s northern expansions, carried out by Petrojet, the engineering and construction giant specializing in large-scale petroleum and energy infrastructure projects. He also underlined the ongoing southern expansion works, noting that the developments aim to establish Al-Hamra Oil Port as a distribution hub for petroleum products, with a storage capacity of 130,000 tons, serving Al Alamein and Egypt’s northwestern Mediterranean coast.

EGPC Signs 11 Exploration Agreements, Reports 49 Discoveries in FY 2024/25

• Monday, 15th September 2025
• by Sarah Samir

The Egyptian General Petroleum Corporation (EGPC) signed 11 new agreements for oil and gas exploration and production, and 12 contracts for development and production projects during fiscal year (FY) 2024/25, said Salah Abdel Kerim, EGPC chairman. The Corporation has also reported 49 new oil and gas discoveries, alongside implementing the drilling plans for 71 exploratory wells.

UAE Dragon Oil to Invest $30mn in New Wells in Gulf of Suez

• Sunday, 14th September 2025
• by Doaa Ashraf

UAE Dragon Oil has signed a new agreement with the Egyptian General Petroleum Corporation (EGPC) to drill at least two new oil and gas wells within East El-Hamd area in the Gulf of Suez region with investments of around $30 million, according to a press release by the company.

EGPC Strikes Three New Exploration Agreements Across Egypt

• Sunday, 14th September 2025
• by Doaa Ashraf

The Egyptian General Petroleum Corporation (EGPC) has signed three new agreements with international companies to explore for oil and gas in the Western Desert, Gulf of Suez, and North Sinai regions.

Energean Says Its Egyptian Platforms Hold 3tcf of Gas

• Sunday, 14th September 2025
• by Fatma Ahmed

Energean, an international hydrocarbon exploration and production company, estimated the overall potential gas reserves in its Egyptian platforms at an additional 3 trillion cubic feet (tcf) , Mathios Rigas, the company’s CEO told Reuters.
The company fully owns Abu Qir, North East Almreya, and North Idku concessions, with minority stakes in East Bir El Nems and North East Hap’y concessions. Energean also reported a revenue decline in H1 2025 compared to the same period last year.

ECHEM Production Pushes Up Domestic Petrochemicals Output to 4mn Tons Annually

• Sunday, 14th September 2025
• by Doaa Ashraf

The Egyptian Petrochemicals Holding Company (ECHEM) has contributed 4 million tons per year (mt/y) to the overall Domestic petrochemicals industry during the 2024/2025 helping to meet local demand and enhancing export opportunities, said Chairman Ibrahim Mekki during the company’s general assembly meeting.

Gas Production Rates Boosted by Joint Efforts with Partners: Badawi

• Sunday, 14th September 2025
• by Reem Hossam El-Dein

The joint efforts exerted by Egypt’s Ministry of Petroleum and Mineral Resources, in cooperation with foreign partners in the energy sector, have boosted natural gas production rates and ushered back a high-output phase, Minister Karim Badawi said during a meeting with CEOs and representatives of foreign petroleum, natural gas, petrochemical, and mining companies operating in Egypt.

Ganope Records 6% Oil Output Growth in FY 2024/25

• Sunday, 14th September 2025
• by Sarah Samir

Ganoub El Wadi Petroleum Holding Company (Ganope) and its subsidiaries produced about 12 million barrels of crude oil during fiscal year (FY) 2024/25. This averaged approximately 32,500 barrels per day (b/d), a 6% increase over the previous year. Additionally, the company produced 2.2 billion cubic feet (bcf) of associated gas, Ashraf Bahaa, Ganope chairman, stated.