Egypt | Egypt Oil & Gas - Part 7

Badawi Visits ENPPI Gas Project in Abu Dhabi

At the start of his official visit to Abu Dhabi, Karim Badawi, Minister of Petroleum and Mineral Resources, visited the Engineering for the Petroleum and Process Industries (ENPPI) project site in Habshan to revie ...

Madbouly Rules Out Immediate Fuel Price Cuts, Signals Possible Q1 FY 2026/27 Reduction

Speaking at the government's weekly press conference, Prime Minister Mostafa Madbouly said Egypt's Automatic Fuel Pricing Committee will review fuel prices in the first quarter of the 2026/27 fiscal year and may e ...

Maridive Returns to Black in Q1 2025 on Higher Revenues, Leaner Cost Base

Maridive & Oil Services delivered a financial rebound in the first quarter of 2026, returning to profitability on the back of higher revenues and disciplined cost control.

Badawi, Esmat Discuss Joint Strategy to Secure Summer Energy Supply

The Ministry of Electricity and Renewable Energy and the Ministry of Petroleum and Mineral Resources reviewed their ongoing joint summer work plan, which was structured to counter an anticipated 8% increase in pea ...

Badawi and AFAQ Mining Discuss Gold Exploration Expansion

Karim Badawi, Minister of Petroleum and Mineral Resources, met with Amr El Marsafawy, Chairman of AFAQ Mining, an Egyptian company engaged in gold exploration in the Eastern Desert, accompanied by his delegation. ...

AMOC’s Revises FY 2026 Budget Forecsts, Doubles Profit to EGP 2.1 Bn

The Board of Directors of Alexandria Mineral Oils Company (AMOC) approved a revised operating budget for fiscal year (FY) 2026, projecting an estimated net profit after tax of approximately EGP 2.099 billion. This ...

ENPPI, ELAB, and PMS Secure Temporary EGX Listings Ahead of Stake Sale

The Engineering for the Petroleum and Process Industries (ENPPI), the Egyptian Linear Alkyl Benzene Company (ELAB), and the Petroleum Marine Services Company (PMS) have been initially listed on the Egyptian Exchan ...

Badawi Visits Damietta LNG Plant, Affirms Readiness for Cypriot Gas

Karim Badawi, Minister of Petroleum and Mineral Resources, inspected the Damietta liquefied natural gas (LNG) plant, situated northwest of Damietta Port, to review the readiness and efficiency of its operational s ...

China’s SANY to Establish Egypt’s First Wind Turbine Manufacturing Plant

China’s SANY Group, a leading global wind turbine manufacturer, signed a Memorandum of Understanding (MoU) with the Egyptian Electricity Transmission Company (EETC) and the New and Renewable Energy Authority (NREA ...

Dana Gas Egyptian Output Increases by 30,000 boe/d

Dana Gas, the Middle East’s largest regional private sector natural gas company, revealed its drilling results across its Nile Delta concessions, with several wells successfully completed and tied into existing in ...

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