Under the patronage of Minister of Petroleum and Mineral Resources Karim Badawi, the workers at the Abu Madi site in the Nile Delta celebrated the golden jubilee marking 50 years of oil and gas contribution to the Nile Delta fields region.
Minister of Petroleum and Mineral Resources Karim Badawi met with Hilde Klemetsdal, Norway's Ambassador to Egypt; Terje Pilskog, CEO of the Norwegian company Scatec, and the accompanying delegation.
In 2024, Vaalco Energy oil sales from Egypt dropped by around 7.9% Year-on-Year (YoY), reaching $250.946 million, compared to $272.613 million in 2023. Net revenues decreased by about 9.37% recording $145.966 million in 2024, compared to $ 161.049 million in 2023.
As part of his participation in CERAWeek 2025, Karim Badawi, Minister of Petroleum and Mineral Resources, held a meeting with Steven Kobos, CEO of Excelerate Energy, to explore cooperation in technology and expertise transfer in the field of liquefied natural gas (LNG).
Minister of Petroleum and Mineral Resources Karim Badawi participated as a keynote speaker at the ‘Energy and Economy in Africa’ forum, chaired by US Secretary of Energy, Chris Wright.
Minister of Petroleum and Mineral Resources Karim Badawi held meetings with Clay Neff, President of Chevron International Exploration and Production, and Dong Sub Kim, President & CEO of Korea National Oil Corporation (KNOC), focusing on investments and capacity building.
On the sidelines of CERAWeek 2025, Minister of Petroleum and Mineral Resources Karim Badawi held meetings with CEOs of international companies to discuss production and investments.
On the sidelines of CERAWeek Conference 2025, Karim Badawi, Minister of Petroleum and Mineral Resources, met with Linda Cook, CEO of Harbour Energy, where they discussed ways to enhance cooperation between the two parties in the field of research and exploration, as well as plans to increase natural gas production from the company's concession areas in Egypt.
On the sidelines of his participation in the CERAWeek 2025 conference, in Houston, Karim Badawi, the Minister of Petroleum and Mineral Resources, held several meetings to boost cooperation and partnerships with international entities.
Minister of Petroleum and Mineral Resources, Karim Badawi, held a meeting with Director General for Economic Policy in the German Federal Ministry for Economic Affairs and Energy and Ministry Coordinator for Sustainable Development. The meeting addressed ways to enhance cooperation to achieve energy security in both countries.
