Egypt | Egypt Oil & Gas - Part 15

Egypt to Add 2,500 MW of Renewable Energy to National Grid in 2026

Egypt will add 2,500 megawatts (MW) of renewable energy to the unified national grid during 2026, strengthening the sustainability and stability of the national electricity system, according to Mahmoud Esmat, Minister...

Badawi at AmCham: Egypt Clears Energy Debt, Unlocks Investment

Egypt has succeeded in addressing the challenge of accumulated dues owed to investment partners in the oil and gas sector, a problem that had negatively impacted investment flows and led to a decline in oil and gas pr...

MOPCO Surpasses Urea and Ammonia Production Targets in 2025

Misr Fertilisers Production Company (MOPCO) reported urea production of 1.7 million tonnes in fiscal year 2025, achieving 102% of its investment plan, while ammonia output reached 1.1 million tonnes, also 102% of targ...

Egypt Gas Revenues Records 20% Surge in 2025

Egypt Gas recorded EGP 9 billion in revenues in 2025, achieving 20% growth compared to the previous year. The company aims to improve the figure to EGP 9.5 billion during 2026 as part of a plan to bolster growth and i...

GASCO Transmits 2,300 bcf of Natural Gas in 2025

The Egyptian Natural Gas Company (GASCO) received and transmitted approximately 2,300 billion cubic feet (bcf) of natural gas through the national grid during 2025 to meet domestic demand, Mohamed Marzouk, Chairman of...

EXIM Approves $2 Bn Insurance to Support US LNG Exports to Egypt

The Board of Directors of the Export-Import Bank of the United States (EXIM)  has authorized over $2 billion in export credit insurance to facilitate US liquefied natural gas (LNG) exports to Egypt, according to an EX...

Madbouly Reviews Funding Plans for Strategic Petroleum Reserves

Prime Minister Mostafa Madbouly met with Karim Badawi, Minister of Petroleum and Mineral Resources, and Ahmed Kouchouk, Minister of Finance, to follow up on measures taken to avail needed funding to build up a suffici...

ENPPI, PMS Sign Offshore Work Contract for Harmattan Gas Field

The state-owned Engineering for Petroleum and Process Industries  (ENPPI) has signed a contract with the Petroleum Marine Services (PMS) for offshore works and installations for the Harmattan gas field. While ENPPI is...

Madbouly Unveils Energy-Saving Measures Amid Global Price Surge

Prime Minister Moustafa Madbouly announced on Saturday, March 28, that Egypt is adopting a set of measures to rationalize energy consumption in response to soaring global prices triggered by the war in the Middle East...

Badawi Inspects Valaris DS-12 as bp,Arcius Launch New Mediterranean Drilling Campaign

Karim Badawi, Minister of Petroleum and Mineral Resources, inspected the Valaris DS-12 drilling vessel, which has recently entered Egypt’s territorial waters to begin a five-well natural gas exploration program ...

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