News / Egypt

Cabinet Grants Lands for Green Hydrogen Projects in Red Sea

The Cabinet approved the allocation of several plots of land in the Red Sea Governorate to the General Authority for Red Sea Ports to support the development of green hydrogen projects and related infrastructure

During the Cabinet’s 76th meeting, chaired by Prime Minister Mostafa Madbouly, an area of ​​251.73 acres has been allocated to establish a green hydrogen production plant, an area of ​​50.17 acres has also been allocated to establish the marine pier for the green hydrogen project, in addition to 173.92 acres to be used in implementing the route of the electricity transmission cable line.

China’s SANY in Talks to Launch Egypt’s First Wind Turbine Plant

Mahmoud Esmat, Minister of Electricity and Renewable Energy, met with a delegation from China’s SANY Group to explore cooperation opportunities in renewable energy and discuss the establishment of the country’s first wind turbine manufacturing plant.

MoPMR Launches “Takamol” Platform for Petroleum Sector IT Integration

The Ministry of Petroleum and Mineral Resources (MoPMR)  launched the “Takamol” platform recently for information technology integration. Takamol is a cloud computing solution for the oil, gas, and mineral resources industries, serving  150 companies and more than 250,000 employees, revealed Ahmad Moharram, Takamol Project Manager, during an episode of Petrocast, the Ministry of Petroleum and Mineral Resources' (MoMPR) podcast.

Egypt, Libya Sign MoU on Oil, Gas and Mining Cooperation

Egypt and Libya have signed a memorandum of understanding (MoU) to deepen cooperation in the oil, gas, and mining sectors on the sidelines of the Libya Energy and Economic Summit in Tripoli, according to the Ministry of Petroleum and Mineral Resources. 

PM Reviews Refinery Expansion, Strategy for Rare Earth Minerals

Prime Minister Mostafa Madbouly reaffirmed the government’s commitment to achieving petroleum self-sufficiency and positioning Egypt as a regional hub for rare-earth mineral processing, aiming to reduce the national import bill.

Madbouly held separate meetings with Karim Badawi, Minister of Petroleum and Mineral Resources, and Kamel El-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, to discuss developments in the mining sector, according to Cabinet statements.

MoPMR to Drill 100 wells to Limit Fuel Import Bill

Karim Badawi, Minister of Petroleum and Mineral Resources, has reaffirmed that the Ministry’s top priority is increasing domestic crude oil and natural gas production to reduce the national import bill and secure energy supplies for the Summer 2026 season. Badawi announced that the Ministry is set to launch a new package of incentives designed to encourage IOCs and Egyptian companies to invest in oil and gas production. He highlighted that the current year will see the drilling of more than 100 exploration wells, part of a broader program targeting approximately 500 wells by 2030.

AVEVA Appoints Khaled Salah as VP of Africa

AVEVA, a global leader in industrial software, driving digital transformation and sustainability, has appointed Khaled Salah as Vice President (VP) of Africa. In his new role, Salah will lead a team of nearly 30 people to execute the company’s growth strategy across the continent, reporting directly to Jesus Hernandez, Senior Vice President (SVP) for Europe, the Middle East and Africa (EMEA).

EGPC launches New Platform for Environmental Monitoring

The Egyptian General Petroleum Corporation (EGPC) has launched a centralized digital platform to monitor, analyze, and evaluate the environmental performance of its affiliated companies, aiming to enhance transparency and operational efficiency across the sector. The platform aims to standardize mechanisms of collecting environmental data and digitally analyze them to improve operational efficiency, support informed decision-making, enhance data quality and accuracy, and increase transparency within the sector.

China’s Xingfa to Invest $2 Bn for Phosphate Mining

China’s Xingfa Chemicals Group (XINGFA) has unveiled plans to invest up to $2 billion in a large-scale, three-phase industrial project in Egypt’s Golden Triangle region, focusing on integrated phosphate extraction and high-value chemical manufacturing. During a meeting on January 22, Karim Badawi, Minister of Petroleum and Mineral Resources (MoPMR), discussed the proposal with a delegation led by Xingfa President Cheng Yali.

EGAS Reviews Exploration Activities with Arcius, ExxonMobil, QatarEnergy

The Egyptian Natural Gas Holding Company (EGAS) is accelerating offshore gas development through technical studies on undeveloped Mediterranean discoveries while advancing exploration programs through meetings with Arcius Energy, ExxonMobil and QatarEnergy

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