Egypt and Sudan explored avenues for cooperation in the mining and value-added industries in a meeting between Karim Badawi, Egyptian Minister of Petroleum and Mineral Resources; Nour El-Daim Taha, the Sudanese Minister of Minerals; and Omar El-Farouq, the Sudanese Deputy Ambassador to Cairo, and representatives from leading Sudanese mining companies and institutions.
Capricorn Energy Egypt, a wholly owned subsidiary of Capricorn Energy PLC, has completed its 2024-2205 Social Investment Project in Matruh Governorate targeting villages of El-Negila and Sidi Barrani, including those of Abu Milad, Abu Ghalila, and Abu Omeira.
The project involved the construction of 25 home roofs and 80 rainwater harvesting wells to enhance access to clean water. The project also included the launch of 74 income-generating projects such as pigeon towers and goat farming areas as well as the deployment of eight veterinary convoys to safeguard livestock health and local food security.
Karim Badawi, the Minister of Petroleum and Mineral Resources, has announced new appointments in gas companies to boost their management.
The General Petroleum Company (GPC) re-explored brownfields using unconventional methods for the first time, leveraging artificial intelligence (AI) during fiscal year (FY) 2024/25. This led to two discoveries in the Western Desert fields, GPS and GPR, with a total production of 2,700 barrels per day (bbl/d). Additionally, it added a reserve of approximately 62.4 million barrels of oil equivalent (boe) in a mature area where production had ceased for many years, Mohamed Abdel Meguid, GPC Chairman, stated
Karim Badawi, the Minister of Petroleum and Mineral Resources, has appointed Yasser Salah Eldin as Chief Executive Officer (CEO) and General Manager of Jordanian Egyptian FAJR Natural Gas Company.
Minister of Petroleum and Mineral Resources, Karim Badawi, has announced a round of transfers and assignments that included head of central administration at the Ministry, deputies to CEOs at the Egyptian General Petroleum Corporation (EGPC), as well as chairmen of some petroleum sector companies. The reshuffle aims to support petroleum entities with experienced calibres as well as fill the positions left vacant by recent retirements, said the ministry on Friday.
The general assembly meeting of Nasr Petroleum Company's (NPC), was briefed on the developments in the company's projects especially the new Vapor Recovery Unit (VRU), a technique to capture and recover harmful emissions, together with other plans aiming at increasing the production of its high-value petroleum products, and produce 340,000 tons of butane gas per year (t/y).
Burullus Gas Company has brought two new wells onstream in the deepwater West Delta area of the Mediterranean, with a total daily production of 60 million cubic feet per day (mcf/d) of natural gas, the Ministry of Petroleum and Mineral Resources revealed on Friday. The new wells are expected to help reduce the gap between production and consumption in the country’s local market, particularly during the summer months when demand is typically higher.
Wael Lotfy Hamed Mostafa was appointed as Head of Central Projects Administration at the Ministry of Petroleum and Mineral Resources (MoPMR). The ministry reflected on this appointed as part of the petroleum sector’s keenness to benefit from distinguished competencies and expertise in managing and executing projects both domestically and abroad, with the aim of accelerating the benefits of these projects, achieving added value, and expediting the pace of work.
Within the framework of the Minister of Petroleum's strategy to intensify research and exploration activities and increase production, the Egyptian Natural Gas Holding Company (EGAS) signed four new agreements with Shell, Eni, ARCIUS Energy and Russia's State-Owned Zarubezhneft to explore for gas and oil in the Mediterranean Sea and the Delta. The agreements cover the drilling of 10 wells with a total minimum investment of more than $340 million.
The agreements were formally signed by Mahmoud Abdel Hamid, Chairman of EGAS, in the presence eof Karim Badawi, Minister of Petroleum and Mineral Resources.
