Egypt | Egypt Oil & Gas - Part 3

ENOC Seeks to Expand Emirati Oil and Gas Investments in Egypt

Karim Badawi, Minister of Petroleum and Mineral Resources, met with a delegation from the state-owned Emirates National Oil Company (ENOC), headed by its CEO, Hussain Sultan Lootah and Abdulkarim Almaazmi‏, CEO of ...

Egypt Adds 12,000 bbl/d in Western Desert Output in Two Weeks

As part of its strategy to boost domestic oil and gas output, the Egyptian oil and gas sector has added roughly 12,000 barrels per day (bbl/d) of crude oil and condensates to Western Desert production over the pas ...

Korra Energi Debuts on EGX

Trading in energy solutions firm Korra Energi began today on the Egyptian Stock  Exchange, following an offering earlier this month of an 11% stake split between a private placement for institutions (60%) and a pu ...

MRMIA Launches Open Blocks System for Gold, Ores Exploration

The Mineral Resources and Mining Industries Authority (MRMIA) launched an Open Blocks System offering exploration and exploitation opportunities across several mineral commodities. The bid round targets gold and a ...

Egypt Zeroes out IOC Arrears

Today, June 10, Egypt fully settled its arrears to foreign oil and gas partners, a milestone aimed at restoring investor confidence, stimulating new investment, and accelerating exploration and research activity, ...

Badawi Appoints Mervat Abou El‑Maaty Mining Marketing General Manager at MRMIA

Karim Badawi, Minister of Petroleum and Mineral Resources, issued a decision appointing Mervat Abou El‑Maaty as General Manager of the General Department for Mining Marketing and Promotion at the Egyptian Mineral ...

Badawi Highlights Egypt’s Hub Role at EMGF2026

Karim Badawi , Minister of Petroleum and Mineral Resources, met with Michael Damianos, Cyprus’s Minister of Energy, Commerce and Industry to review progress on plans to connect Cypriot gas fields to Egypt on the s ...

UAE Alcazar to Manage Gabal El-Zeit Windfarm in $420 Mn deal

In one of Egypt’s long‑anticipated privatization deals, UAE‑based Alcazar Energy signed a $420 million agreement with the government to operate, manage, maintain, and upgrade the 580‑megawatt Jabal El‑Zeit wind fa ...

Sinai Offshore Fields Post Highest Daily Production Since 2017

Crude oil production from the Sinai Offshore Fields has reached its highest daily level since 2017, with output averaging around 27,000 barrels per day (bbl/d), a milestone that underscores the effectiveness of on ...

Badawi, Global Mining Executives Discuss Gold Investment Opportunities

Karim Badawi, Minister of Petroleum and Mineral Resources, met senior executives from leading international mining companies to explore new investment opportunities in gold exploration. The talks come as Egypt adv ...

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