News / Egypt

Petroshahd Plans $31M in Investments in 2025/26

This came during the routine General Assembly of Petroshahd Company was held on January 11th, 2025, at the headquarters of the Egyptian General Petroleum Corporation (EGPC), headed by EGPC Chairman Salah Abdel Kerim to discuss and approve the amended budget for FY 2024/25 and the proposed budget for FY 2025/26.

MoPMR Launches Energy Efficiency Training Program in Cooperation with EU, EBRD

In partnership with the European Union (EU) and the European Bank for Reconstruction and Development (EBRD), the Ministry of Petroleum and Mineral Resources (MoPMR) announced the launch of the human capacity building and training program in the field of improving energy efficiency.

Agiba Petroleum Enters 2025 with Historic Environmental Achievement: Zero Operative Flaring

Agiba Petroleum Company and its shareholders completed a major project in a dual achievement, reaching a historic environmental milestone in the Western Desert: ZERO Operative Flaring and increasing gas production.

Enppi, Petrojet Secure $1.24B Contract for ADNOC Gas LNG Project

ADNOC Gas plc and its subsidiaries announced the awarding of three enabling contracts worth $2.1 billion for an LNG pre-conditioning plant (LPP), compression facilities and transmission pipelines to supply feedstock to the Ruwais LNG Project.

bp Adds 2 Wells to Production, Launches Exploration Operations at Elking Offshore Egypt

The Ministry of Petroleum and Mineral Resources (MoPMR) announced the successful drilling and completion of two additional wells in the Raven gas Field operated by bp at West Nile Delta (WND) Concession, utilizing Volaris DS12 Drill Ship.

Alamein Petroleum to Allocate $25M for Drilling Operations During FY 2025/26

The Chairman of Alamein Petroleum Company Mahmoud Tolba reviewed the modified budget plan of the company for the fiscal year (FY) 2024/25 which includes drilling three developmental wells in East Abu Sennan and the recommended budget plan for FY 2025/26 amounting to $25 million.

Badawi Praises Role of Egypt, Cyprus, Greece Cooperation in Unlocking East Med Natural Gas Potential

Minister of Petroleum and Mineral Resources Karim Badawi stated that cooperation between Egypt, Cyprus, and Greece is key to unlocking the potential of the region's natural gas resources, enabling the extraction of discovered reserves, and leveraging Egypt’s strategic location, and infrastructure to meet rising regional and global energy demand.

BORAPETCO Reports Record Performance in FY 2024/25 Production Plan

The Chairman of Borg El-Arab Petroleum Company (BORAPETCO), Sami El Shahat, announced that the company has achieved significant growth in implementing its production plan for the current fiscal year (FY) 2024/25.

ESHPETCO, Petro El Mallaha Investment Budget Estimated at $27M for 2025/26

A routine general assembly of Esh El Mallaha Petroleum Company (ESHPETCO) and Petro El Mallaha company was held for the fiscal year (FY) 2025/26 in the presence of Salah Abdel Karim, CEO of the Egyptian General Petroleum Corporation (EGPC), Ashraf Bahaa El-Din, Chairman of Ganoub El Wadi Petroleum Holding Company (Ganope), and their deputies.

EMC Signs Partnership Agreement with Azhar Services & Contracting Company in Saudi Arabia

Within one year of opening its branch in the Kingdom of Saudi Arabia, Egypt Maintenance Company (EMC) Chairman, Khaled Ibrahim, signed a strategic partnership agreement with Azhar Services and Contracting Company, one of the largest contracting companies in the Kingdom of Saudi Arabia, during his visit to the Kingdom from January 6 to 9, 2025.

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