In 2025, the Egyptian Drilling Company (EDC) revenues reached around $402 million, compared to $213.23 million in fiscal year 2024. Net profit after taxes recorded at $132 million dollars, and a high operational e ...
As part of a strategic push to bolster domestic energy security, Karim Badawi, Minister of Petroleum and Mineral Resources, led a series of field tours to production sites in the Meleiha and Salam concessions, emp ...
Karim Badawi, Minister of Petroleum and Mineral Resources (MoPMR), inaugurated the Petroleum Arabian Conference & Exhibition (PACE 2026) at the American University in Cairo (AUC). Held from April 16 to 18 in coope ...
The Egyptian Cabinet approved a draft concession agreement for the exploration and exploitation of natural gas and crude oil in the Lotus offshore area in the Mediterranean Sea between the Egyptian government, the ...
The Egyptian International Gas Technology Company (Gastec) recorded natural gas sales of approximately 664 million cubic meters (mmcm) during fiscal year (FY) 2025, achieving the highest market share in Egypt at 4 ...
Petroleum Marine Services Company (PMS), one of Egypt’s petroleum sector companies, announced that it has received an assignment order to execute marine works for Phase 12 of the West Delta Deep Marine (WDDM) natu ...
Karim Badawi, Minister of Petroleum and Mineral Resources, underscored the importance of maximising the capabilities of Tanmia Petroleum Company in implementing Early Production Facilities (EPFs) to accelerate the ...
PetroGulf, a subsidiary of Ganoub El Wadi Petroleum Holding Company (Ganope), has increased output from its Gulf of Suez Fields to its highest level since its inception in 1982. The output currently stands at 26,6 ...
Expanding investment opportunities across Egypt’s geological basins was the focus of the meeting that Karim Badawi, Minister of Petroleum and Mineral Resources, held with Egypt Upstream Gateway (EUG). Badawi in pa ...
Egypt will add 2,500 megawatts (MW) of renewable energy to the unified national grid during 2026, strengthening the sustainability and stability of the national electricity system, according to Mahmoud Esmat, Mini ...
