IDM Posts EGP 1.9B in Revenue for 2024
The International Drilling Material Manufacturing Company (IDM) recorded revenues of EGP 1.9 billion and a net profit (EBITDA) of EGP 270 million, during 2024, according to its Chairman, Karim Hammam.
Egypt | Egypt Oil & Gas - Part 24
El Sisi and Shell CEO Talk Enhancing Cooperation
President Abdel Fattah El Sisi met with Wael Sawan, Shell’s CEO, in the presence of Mostafa Madbouly, Egypt’s Prime Minister; Karim Badawi, Minister of Petroleum and Mineral Resources; and Dalia El Gabry, VP and C ...
EGPC, IEOC Production Hits New Highs
The Egyptian General Petroleum Corporation (EGPC) and the International Egyptian Oil Company (IEOC), an Eni affiliate, announced that their joint ventures, Belayim Petroleum Company (PETROBEL) and Agiba, have surp ...
Egypt’s Ministers Coordinate to Secure Electricity Supply Ahead of Summer Surge
Minister of Petroleum and Mineral Resources Karim Badawi met with Minister of Electricity and Renewable Energy Mahmoud Esmat to review the action plan for the electricity and petroleum sectors. They also reviewed ...
ELAB Records Highest LAB Production Since Establishment
Egyptian Linear Alkyl Benzene Company (ELAB) Chairman, Alaa Abd ElFattah, announced that his company achieved its highest production rate of Linear Alkyl Benzene (LAB), a key ingredient in industrial detergents, s ...
Misr Phosphate Net Sales Reach EGP 7.9B in 2024
Chairman of the Misr Phosphate, Mohamed Abdel Azim, said that net sales from the company's areas in Abu Tartour, the Red Sea, and El-Sebaeya mines reached EGP 7.9 billion in 2024, an increase of 149% over the prev ...
Bapetco’s 2024/25 Oil Production Hits 56,000 (boe/d)
Badr El Din Petroleum Company (Bapetco), drilled 13 new wells and repaired 39 wells in its operating areas in the Western Desert since the beginning of fiscal year 2024/25, stated the company's chairman, Ashraf A ...
UEE, AUC Conclude Social Entrepreneurship Program in Ras Gharib
United Energy Egypt (UEE), an affiliate of Kuwait Energy Egypt (KEE), completed the HILLS Social Entrepreneurship Program in Ras Gharib, in partnership with the John D. Gerhart Center at The American University in ...
PAS Expands Fleet, International Operations in 2024
Chairman of Petroleum Air Services Company (PAS), Ihab Abd Al-Maksoud, reviewed the most significant results achieved by the company during 2024. He explained that along with the company's existing contracts with ...
Egypt Showcases Investment Opportunities at Africa Energies Summit in London
Representatives of the Egyptian petroleum sector participated in the Africa Energies Summit, held in London from May 13 to 15. They showcased the investment opportunities the sector offers together with incentives ...
