Egypt | Egypt Oil & Gas - Part 11

Egypt and Chevron Set March Deadline for Aphrodite Gas Connection Terms

Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, met with senior leaders from US oil major Chevron in Washington to accelerate the technical and commercial agreements required to link Cyprus’ Aph ...

CORC Plans to Invest EGP 679 Mn in 2026/27

The Cairo Oil Refining Company (CORC), Egypt’s largest refining entity, plans to invest EGP 679 million in local manufacturing projects during the 2026/27 fiscal year (FY). CORC Chairman Tarek Abdel Latif announce ...

MoPMR Targets Drilling 101 Exploratory Wells in 2026

Minister of Petroleum and Mineral Resources Karim Badawi announced an ambitious 2026 roadmap featuring the drilling of 101 exploratory wells to bolster national reserves. Speaking at an American Chamber of Commerc ...

Obelisk in Egypt, Mogobe BESS Fuel Scatec’s Q4 Revenue Surge

Scatec, a Norwegian renewable energy solutions provider, reported a 25% increase in proportionate revenues for the fourth quarter (Q4) of 2025. This growth brought quarterly revenues to NOK 3,362 million, accordin ...

SIDPEC Reports Marginal Increase in Sales in 2025

Sidi Kerir Petrochemicals Company (SIDPEC) announced a 1.84%  year-on-year (YoY) increase in total sales for the fiscal year ending December 31, 2025, to reach EGP 14.413 billion, according to the company's releas ...

AMOC Revenue Grows 14% in H1 2025/26

Alexandria Mineral Oils Company (AMOC) reported a 14% increase in its consolidated sales revenue in the first half of the 2025/26 fiscal year compared to the same period in 2024 to reach EGP 20.74 billion.
T ...

Badawi and ThyssenKrupp Review Progress on Strategic CCUS Joint Venture at MOPCO

Minister of Petroleum and Mineral Resources Karim Badawi met with ThyssenKrupp Uhde CEO Nadja Håkansson to discuss accelerating cooperation in decarbonization and sustainable energy infrastructure, according to a ...

Egypt Exports 150,000 m³ of LNG to Türkiye

Egypt exported in January a new shipment of liquefied Natural Gas (LNG) from Idku liquefication plant to Türkiye aboard the METHANE BECKI ANNE carrier, transporting 150,000 cubic meters (m³) for UK Shell Global, a ...

SCZONE Signs $34Mn Deal with China’s CNCEC for Soda Ash Project

The General Authority for the Suez Canal Economic Zone (SCZONE) signed a contract with China National Chemical Engineering Company Co., Ltd. (CNCEC) worth $34 million in investments to establish an industrial proj ...

Egypt, Libya Sign MoU on Oil, Gas and Mining Cooperation

Egypt and Libya have signed a memorandum of understanding (MoU) to deepen cooperation in the oil, gas, and mining sectors on the sidelines of the Libya Energy and Economic Summit in Tripoli, according to the Minis ...

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