Egypt | Egypt Oil & Gas - Part 33

ExxonMobil Updates Madbouly on its Current and Future Plans in Egypt

Prime Minister Mostafa Madbouly met with John Ardill, Vice President of Global Exploration at ExxonMobil, at the government headquarters in the New Administrative Capital. The meeting reviewed the status of severa ...

Wadico Adds 6.6M tons of Phosphate Reserves in 2024

New Valley Company for Mineral Resources and Oil Clay (Wadico) Chairman Amgad Ghoneim said that his company expanded its drilling activities for phosphate ore, adding new reserves estimated at approximately 6.6 mi ...

Badawi Inspects Key Phosphate Projects in New Valley

Minister of Petroleum and Mineral Resources, Karim Badawi, accompanied by Mohamed El-Zamlout, Governor of New Valley, and several members of the Parliament, led an inspection tour of Misr Phosphate Company’s phosp ...

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. 

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 ...

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