Egypt | Egypt Oil & Gas - Part 28

Rashpetco, Burullus Achieve Record Production, Safety Milestones

Minister of Petroleum and Mineral Resources Karim Badawi confirmed that integrating new gas wells within the tenth phase of the West Delta Deep Marine (WDDM) development area into the production mapĀ  and their con ...

Madbouly, Badawi Review Upstream Activities, Mining Development, Investment Plans for Coming Period

Prime Minister Mostafa Madbouly held a meeting to discuss various industry-related matters of significant importance with the Minister of Petroleum and Mineral Resources Karim Badawi, Minister of Finance Ahmed Kou ...

Energean Pulls Plug on Strategic Sale of Egypt, Italy, Croatia Portfolio After Approval Delays

As of the longstop date, certain regulatory approvals in Italy and Egypt were not obtained by Carlyle (or waived), in accordance with the terms of the binding sale and purchase agreement (SPA) signed on 19 June 20 ...

Sterlite Power Proposes $5-6 B Project to Establish Green Hydrogen Electricity Grid in Egypt

Minister of Investment and Foreign Trade Hassan El Khatib met with Tushar Chhabra, Head of Business Acquisition at Sterlite Power, a leading company in the field of power transmission and electrical cable manufact ...

Egypt, OCIOR Energy Discuss Boosting Clean Energy Investments

Within the framework of his current visit to India, Hassan El-Khatib, Minister of Investment and Foreign Trade, met with Ranjit Gupta, the Founder and CEO of OCIOR Energy, to discuss ways to enhance cooperation in ...

SUMED Boosts Paid-In Capital to $600 Million, Showcasing Strategic Investment Vision

The Arab Petroleum Pipelines Company (SUMED) successfully increased its paid-in capital by $400 million to reach $600 million through conscious strategic management, meticulous planning, and an investment vision.

Petroleum Sector Celebrates Half a Century of Success for Abu Madi Field in the Nile Delta

Under the patronage of Minister of Petroleum and Mineral Resources Karim Badawi, the workers at the Abu Madi site in the Nile Delta celebrated the golden jubilee marking 50 years of oil and gas contribution to the ...

Egypt, Norway Review Future Plans for Green Ammonia Collaboration

Minister of Petroleum and Mineral Resources Karim Badawi met with Hilde Klemetsdal, Norway's Ambassador to Egypt; Terje Pilskog, CEO of the Norwegian company Scatec, and the accompanying delegation.

Vaalco Energy Reports $272.613M in Oil Sales in Egypt in 2024

In 2024, Vaalco Energy oil sales from Egypt dropped by around 7.9% Year-on-Year (YoY), reaching $250.946 million, compared to $272.613 million in 2023. Net revenues decreased by about 9.37% recording $145.966 mill ...

Egypt, Excelerate Energy Discuss LNG Cooperation

As part of his participation in CERAWeek 2025, Karim Badawi, Minister of Petroleum and Mineral Resources, held a meeting with Steven Kobos, CEO of Excelerate Energy, to explore cooperation in technology and expert ...

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