KNOC Mulls Expanding Investments in Egypt’s Petroleum Sector

• Sunday, 4th May 2025
• by Doaa Ashraf

Minister of Petroleum and Mineral Resources Karim Badawi met with CEO and President of the Korea National Oil Corporation (KNOC) Kim Dong Sub and his accompanying delegation to explore investment opportunities and potential areas of cooperation in Egypt’s thriving petroleum sector. The talks highlighted KNOC’s interest in boosting investments through subsidiaries Dana Petroleum Ltd. and Petro Nefertiti, particularly in four areas in the Gulf of Suez and Western Desert regions.

Petroleum, Environment Ministers Review National CCS Development

• Sunday, 4th May 2025
• by Sarah Samir

Minister of Petroleum and Mineral Resources, Karim Badawi, had a joint meeting with Minister of Environment, Yasmine Fouad, to discuss national developments in practices related to Carbon Capture and Storage (CCS), a process that captures carbon dioxide (CO2) emissions from industrial facilities before it is released into the atmosphere.

Egypt, Shard Capital Talk Progress of New Alamein Petrochemicals Complex

• Sunday, 4th May 2025
• by Sarah Samir

Minister of Petroleum and Mineral Resources, Karim Badawi, held a meeting with representatives of the UK-based Shard Capital to follow up on the progress of the $7 billion Mediterranean Petrochemicals Complex project in New Alamein.

Badawi Attends Closing Ceremony of SPE, Enppi Hands-On Program for Undergrads

• Wednesday, 30th April 2025
• by Doaa Ashraf

Petroleum Minister Karim Badawi attended the closing ceremony of the Industry Simulation Program (ISP)—an initiative by the Society of Petroleum Engineers (SPE) Egypt branch and hosted by Enppi. Held from February 9 to 24, 2025, the program aimed to equip university students with practical industry skills, focusing on advanced technologies such as AI and machine learning.

Badawi Highlights Workforce’s Critical Role in Ministry Strategy at Union Meeting

• Wednesday, 30th April 2025
• by Doaa Ashraf

The Minister of Petroleum and Mineral Resources, Karim Badawi, said that the Ministry views its workforce as a cornerstone in achieving its strategy and meeting citizens' needs for petroleum products and natural gas while contributing to the national economy. 
During a meeting with a General Trade Union for Petroleum Workers (GTUPW) delegation on Labor Day, Badawi highlighted the six pillars of the Ministry's strategy, underscoring their importance for attracting new investments and driving growth within the petroleum sector.

IPR Scores Another Discovery in Yidma-Alamein Concession, Western Desert, Egypt

• Wednesday, 30th April 2025
• by Sarah Samir

The IPR Energy Group (IPR) has announced another significant hydrocarbon discovery in the Yidma field (Yidma-12), located within the Yidma-Alamein concession in Egypt’s Western Desert.
The well was drilled to a total depth of 8,910 feet (ft), targeting untapped reserves following recent successes in the adjacent Alamein field. The well encountered a substantial oil column of 73 ft hydrocarbons beneath a tight stratigraphic barrier within the Alamein Dolomite formation.

ENPPI Hosts HSE Meeting on World Day for Safety, Health at Work

• Wednesday, 30th April 2025
• by Sarah Samir

The Engineering for the Petroleum and Process Industries (ENPPI) organized an extensive meeting at the company's headquarters on the occasion of the World Day for Safety and Health at Work. The event aligns with the strategy of the Ministry of Petroleum and Mineral Resources (MoPMR) and the Egyptian General Petroleum Corporation (EGPC), which attach paramount importance to establishing a culture of security and safety.

Egypt, India Talk Petroleum, Mineral Exports

• Tuesday, 29th April 2025
• by Sarah Samir

Minister of Petroleum and Mineral Resources, Karim Badawi, met with C. Sushma, Chargé d'Affaires at the Indian Embassy in Cairo, along with a delegation comprising heads and officials from Indian petrochemical and fertilizer companies, including the Ostwal Group of Industries, FACT, HURL, and RCF.

The delegation is currently visiting Egypt on an official mission commissioned by the Indian government, represented by the Indian Ministry of Chemicals and Fertilizers, to explore opportunities for strengthening cooperation with Egypt in the fields of petrochemicals, mining, and fertilizers.

EGAS Signs MoU with ExxonMobil Egypt to Boost Exploration Activities in Mediterranean Blocks

• Tuesday, 29th April 2025
• by Doaa Ashraf

As part of the first pillar of the Ministry of Petroleum and Mineral Resources' strategy to attract investments, increase natural gas production, and establish incentives for promising frontier, the Egyptian Natural Gas Holding Company (EGAS) has signed a preliminary Memorandum of Understanding (MoU) with ExxonMobil Egypt Upstream Ltd. to lay the foundation for a new system in the Cairo and Masry offshore concession areas in the Mediterranean.

Badawi Pushes Legislation Reforms to Transform Oil, Gas, Mining Sectors

• Tuesday, 29th April 2025
• by Doaa Ashraf

Minister of Petroleum and Mineral Resources Karim Badawi said that enhancing cooperation with the House of Representatives and its committees, especially those concerned with energy, environment, and industry, is key to building a legislative framework that supports investment in Egypt’s oil, gas, and mining sectors, which supports the national economy and reduces the import bill.