Mubadala Energy finalized the acquisition of a 15% stake in Egypt’s Nargis Offshore Concession from Eni. This move reinforces the company’s position in the East Mediterranean and its long-term commitment to Egypt. ...
The Executive Committee of the Egypt Energy Show (EGYPES 2026) convened its second meeting, chaired by Karim Badawi, Minister of Petroleum and Mineral Resources, to oversee preparations for the event’s ninth editi ...
Ganoub El Wadi Petroleum Holding Company (Ganope), in cooperation with the Egyptian Petroleum Exploration Society (EPEX), organized a workshop to promote the 2025 Red Sea International Bid Round, which is schedule ...
Petrobakr and South Ghazalat Petroleum Companies plan a total investment of $121 million for the fiscal year (FY) 2026/27, targeting a daily crude oil output of 14,000 barrels, Khaled Mounir, Chairman of Petrobakr ...
Four petroleum sector companies have successfully made new discoveries in the Western Desert, yielding a total estimated production of over 5,200 barrels per day (b/d) of crude oil and condensates, alongside appr ...
Minister of Petroleum and Mineral Resources, Karim Badawi, met with Agostino Palese, the Italian Ambassador to Cairo, to discuss ways to enhance cooperation between the two countries in the oil and gas sector and ...
Karim Badawi, Minister of Petroleum and Mineral Resources, discussed with Naser Al Yafei, CEO of ARCIUS Energy, the joint venture between the UAE’s ADNOC Group and the UK’s bp, the company’s expansion plans in Egy ...
During the EU Conference in Cairo about Egypt’s sustainable energy outlook 2040, Egypt and the European Union has signed a grant agreement worth €90 million that will be managed by the European Investment Bank to ...
In cooperation with the government of Egypt the European Union (EU) co-hosted the Egypt Sustainable Energy Outlook 2040 Conference, entitled ‘Cooperation for Shared Properity’, in the Manial Palace in Egypt, withi ...
Representing Egypt at the African Mining Indaba 2026, Karim Badawi, Minister of Petroleum and Mineral Resources delivered a recorded speech at the Egypt Country Showcase. The Minister stated that Egypt views minin ...
