News / Egypt

EGPC Reviews Strengthening Petroleum Supply Chain

The Public Prosecution for Transport and Distribution, along with the Department of Health, Occupational Safety, and Environmental Protection (HSE) at the Egyptian General Petroleum Corporation (EGPC), held its quarterly meeting with companies operating in petroleum product transport and distribution. The meeting focused on reviewing the companies’ procedures for ongoing development in HSE practices, particularly those related to the transport and handling of petroleum products via tanker trucks.

PMS to Develop Phase Four of Kamose Gas Field Offshore North Sinai

Petroleum Marine Services (PMS) has been awarded the execution contract for Phase Four development of the Kamose offshore gas field in North Sinai. The scope of work includes the installation of three new offshore production platforms: Hoor, KDE-1, and Snefru. PMS will also deploy three 8-inch-wide offshore pipelines to link the new platforms to the existing production network, ensuring full connectivity to the company’s main offshore pipelines and integration with the floating production unit (MOPU).

MoPMR, EBRD Discuss Strengthening Partnership on Energy Transition, Emission Reduction

First Undersecretary for Energy Efficiency, Climate, and Safety at the Ministry of Petroleum and Mineral Resources, Alaa El Batal, held a meeting with a high-level delegation from the European Bank for Reconstruction and Development (EBRD), led by Gianpiero Nacci, Managing Director for Climate Strategy and Delivery, and Mark Davis, Managing Director for the Southern and Eastern Mediterranean (SEMED) region. The meeting focused on strengthening cooperation and supporting joint efforts to improve energy efficiency, reduce emissions, and advance the energy transition. 

MoPMR Eyes Investment in Phosphate Industry to Boost Value-Added Production

Minister of Petroleum and Mineral Resources Karim Badawi met with Sherif El-Gabaly, Chairman of the Board of the Egyptian Chamber of Chemical Industries under the Federation of Egyptian Industries (FEI), and Founder and Chairman of Polyserve Investment Group, which specializes in phosphate fertilizers and phosphoric acid. The meeting explored opportunities for cooperation and partnership to maximize the added value of phosphate ore, which can be achieved through expanding the phosphate fertilizer and phosphoric acid industries.

Ministers Badawi, Esmat Review Strategy to Meet Rising Energy Needs

The Minister of Petroleum and Mineral Resources Karim Badawi met on Monday with the Minister of Electricity and Renewable Energy, Mahmoud Esmat, to discuss and review the work plan in light of developments and ongoing preparations to meet the rising demand for energy amid soaring temperatures.

Parliament Approves Contract for Centamin Mining in Sukari

The Egyptian Parliament gave final approval to a draft law, permitting the Minister of Petroleum and Mineral Resources to contract with the Egyptian Mineral Resources and Mining Industries Authority and Centamin Company. The purpose of this contract is to exploit gold ore and associated minerals in the Sukari area.

Badawi Leads Field Visit to Begonia-2 Well in Dakahlia Governorate

Minister of Petroleum and Mineral Resources Karim Badawi and his accompanying delegation conducted a field visit to Dakahlia Governorate, specifically to the Begonia-2 well. The well is located within the New Manzala concession area, which is operated by El Wastani Petroleum Company (WASCO) in partnership with Dana Gas.

Fifth Floating Regasification Unit to Join Egypt’s Gas Grid via Aqaba Port

Egypt has secured an additional source of natural gas through cooperation with Jordan, according to the Ministry of Petroleum and Mineral Resources. 

The Jordanian port of Aqaba will receive the Energos Force regasification unit, which once docked will be connected to the Arab Gas Pipeline (AGP), making it possible to supply gas to countries connected by the pipeline. These include Egypt, Jordan, Syria and Lebanon.

Latest Oil, Gas Bid Round Attracts Market Interest, Results in August

Significant market demand was seen for the recently-closed bidding round for strategic exploration blocks spanning the Mediterranean Sea, Gulf of Suez, and Western Desert. Global and private-sector companies submitted multiple proposals for concessions such as Rahmat, under the Egyptian Natural Gas Holding Company (EGAS); North July, under the Egyptian General Petroleum Corporation (EGPC); and three blocks from Ganoub El Wadi Petroleum Holding Company (Ganope): North El Baraka, East Gebel El Zeit, and Southeast Ras El Ash.

Ministry of Petroleum Leads Rescue After Gulf of Suez Marine Barge Capsize

The Ministry of Petroleum and Mineral Resources immediately activated its emergency plan following the incident involving the marine barge Admarine 12, deploying sector rescue teams in the Gulf of Suez and mobilising all maritime and aerial resources, including vessels, rescue equipment, and aircraft, to assist in the rescue of the crew and coordinate with state authorities to ensure the swift recovery of survivors.

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