Egypt | Egypt Oil & Gas - Part 14
EDC Revenues Surge 88.5% in 2025
The Egyptian Drilling Company (EDC) recorded a net profit of $132 million in fiscal year (FY) 2025, yielding a high operational efficiency rate of 98.8%. Osama Kamel, EDC Chairman and Managing Director, reported these...
Badawi Conducts Western Desert Tours, Expedites Production for Summer Demand
As part of a strategic push to bolster domestic energy security, Karim Badawi, Minister of Petroleum and Mineral Resources, led a series of field tours to production sites in the Meleiha and Salam concessions, emphasi...
Badawi Inaugurates Pace 2026 Conference and Exhibition
Karim Badawi, Minister of Petroleum and Mineral Resources (MoPMR), inaugurated the Petroleum Arabian Conference and Exhibition (PACE 2026) at the American University in Cairo (AUC). Held from April 16 to 18 in coopera...
Cabinet Approves two Concession Agreements for Oil and Gas Exploration
The Egyptian Cabinet approved a draft concession agreement for the exploration and exploitation of natural gas and crude oil in the Lotus offshore area in the Mediterranean Sea between the Egyptian government, the Egy...
Gastec Records 45% Market Share in Natural Gas Sales in FY 2025
The Egyptian International Gas Technology Company (Gastec) recorded natural gas sales of approximately 664 million cubic meters (mmcm) during fiscal year (FY) 2025, achieving the highest market share in Egypt at 45%. ...
PMS Assigned EPIC Work for Phase12 of West Delta Deep Marine Project
Petroleum Marine Services Company (PMS), a state-owned company, announced that it has received an assignment order to execute marine works for Phase 12 of the West Delta Deep Marine (WDDM) natural gas field developmen...
Badawi Urges Tanmia to Expand Role in Early Production Facilities
Karim Badawi, Minister of Petroleum and Mineral Resources, underscored the importance of maximising the capabilities of Tanmia Petroleum Company in implementing Early Production Facilities (EPFs) to accelerate the add...
PetroGulf Output Surges 56 % to highest level since 1982
PetroGulf, a subsidiary of Ganoub El Wadi Petroleum Holding Company (Ganope), has increased output from its Gulf of Suez Fields to its highest level since its establishment in 1982. The output currently stands at 26,...
