Egypt | Egypt Oil & Gas - Part 8

Egypt to Build $10Bn Green Ammonia project in Ras Banas

Egypt’s Minister of Industry, Khaled Hashem, met with a delegation from Egypt Amun Green Ammonia (EAGA), a consortium formed by Poland’s Hynfra and Egypt’s Coxswains, to discuss a planned green ammonia project. Th ...

SCZONE , UNIDO Launch National Clean Hydrogen Program

The General Authority for the Suez Canal Economic Zone (SCZONE), in collaboration with the United Nations Industrial Development Organization (UNIDO), announced the launch of Egypt’s National Clean Hydrogen Progra ...

EGPC Targets Production Leap, Energy Security

The Board of Directors of the Egyptian General Petroleum Corporation (EGPC) held a meeting to review measures for accelerating production and securing domestic energy supplies. During the meeting, conducted via Vi ...

Madbouly Outlines Energy Rationalization Plan Amid Global Price Surge

The energy consumption rationalization plan is still under evaluation to assess the savings it has achieved. Initial indicators suggest that during the first week, it resulted in savings of 18,000 megawatt-hours ( ...

Badawi, Eni Discuss Intensifying Exploration to Meet Rising Demand

Karim Badawi, Minister of Petroleum and Mineral Resources, met with Diego Portoghese, Italy's Eni’s Head of North Africa and Levant Region, to review the company’s exploration and production activities in Egypt an ...

EDC Revenues Surge 88.5% in 2025

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 ...

Badawi Conducts Western Desert Tours, Expedites Production for Summer Demand

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 ...

Badawi Inaugurates Pace 2026 Conference and Exhibition

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 ...

Cabinet Approves two Concession Agreements for Oil and Gas Exploration

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 ...

Gastec Records 45% Market Share in Natural Gas Sales in FY 2025

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 ...

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