Minister of Petroleum and Mineral Resources Karim Badawi met with Ahmed Elsewedy, CEO and Managing Director of El Sewedy Electric Company, along with his accompanying delegation. The meeting discussed ways to enhance joint cooperation in mineral resources, petroleum, petrochemicals, and green energy activities.
Misr Fertilizers Production Company (MOPCO) is set to begin implementing an intensive maintenance plan for its factories until operating conditions stabilize. The company announced that the decision is a result of the repercussions of the conflict in the Middle East and its impact on the natural gas supply to factories.
Minister of Petroleum and Mineral Resources, Karim Badawi has issued new appointments in the information Technology field.
Minister of Petroleum and Mineral resources, Karim Badawi conducted a field visit to Alexandria Port to oversee the preparations for receiving and docking the US Floating Regasification and Storage Unit (FRSU) (Energos Power that is to be docked at Ain Sokhna Port.
Badawi reviewed the progress of technical work and necessary modifications on the vessel, which had recently arrived at Alexandria Port, and stressed the importance of expediting the preparations while fully adhering to safety, occupational health, and environmental protection standards.
The General Petroleum Company (GPC) successfully made a new oil discovery, GPR-1X, in the maturing Abu Sennan concession at the Western Desert. Initial tests show promising production rates of 1,400 barrels of crude oil per day (bbl/d) and approximately 1 million cubic feet of gas per day (mmcf/d) from the Bahariya formation, in addition to adding 2 million recoverable barrels to the reserves.
This find is a testament to the Egyptian oil and gas sector's ongoing commitment to exploration and resource development.
Minister of Petroleum and Mineral Resources Karim Badawi, accompanied by a delegation of petroleum sector leaders, visited the Petroshahd site in the Western Desert to follow up on the production operations and current drilling activities in the company’s concession areas.
Mineral Resources Bid Round No. 1 for 2024 concluded with positive results, attracting participation from 20 mining companies and 19 private-sector firms bidding to explore glass sand and kaolin deposits in the Eastern Desert. Bid winners were Alarabiya Mining Company (AMC) to explore in Sector No. (GS 1) for Glass Sand Ore; Sibelco Egypt Industrial Minerals in Sectors No. (GS 3) and (GS 4) for Glass Sand Ore; Pacific Mining in Sector No. (KS 1) for Kaolin Sand Ore; and the International Company for Petroleum and Industrial Services (Income) in Sectors No. (KS 2) and (KS 3) for Kaolin Sand Ore.
Minister of Petroleum and Mineral Resources Karim Badawi has approved a reshuffle and a series of new appointments across the sector. The changes include a new Deputy Chairman of the Egyptian General Petroleum Corporation (EGPC), assistant company heads, and general managers for administrative affairs at select petroleum and mineral resources companies. The move aims to strengthen operational sites with qualified personnel and facilitate the exchange of expertise to support future strategic goals.
In response to Israeli strikes on nuclear targets in Iran, which have heightened political tension in the region, the Ministry of Petroleum and Mineral Resources (MoPMR) has activated a pre-prepared emergency plan to prioritize natural gas supply.
Minister of Petroleum and Mineral Resources, Karim Badawi, met with shareholders of Abu Tartour for Phosphoric Acid Company (AT-PHOS) to review the progress and latest developments in the phosphoric acid production project at the Abu Tartour phosphate mine in the New Valley Governorate, Western Desert.
