exploration and production | Egypt Oil & Gas - Part 2

EGPC Meets 32 Firms to Discuss Plan for Output, Reserves Growth

The Egyptian General Petroleum Corporation (EGPC) held a meeting with senior executives from 32 production companies to upgrade an integrated five-year plan aimed at doubling production rates and reserves. Salah A ...

Badawi: Egypt to Drill 480 New Exploration Wells through 2030

Egypt plans to drill around 480 new oil and gas exploration wells over the next five years with total investments exceeding $5.7 billion, announced Karim Badawi, Minister of Petroleum and Mineral Resources, during ...

Egypt, Arcius Energy Discuss Boosting Gas Investments in the Mediterranean

Minister of Petroleum and Mineral Resources, Karim Badawi met with Nasser Saif Al-Yafei, CEO of ARCIUS Energy, a joint venture between BP and ADNOC’s subsidiary XRG, to review ongoing work plans as well as discuss ...

El-Sisi Urges Intensifying Exploration Activities, Attracting investments in Oil and Gas

President Abdel Fattah El-Sisi directed the continued development of newly discovered wells and integrating them into the production map, while intensifying exploration and drilling activities, to enhance Egypt’s ...

Badawi Discusses Natural Gas Investment Plans with bp

Minister of Petroleum and Mineral Resources Karim Badawi met with William Lin, Executive Vice President of bp Global for Gas and Low-Carbon Energy Affairs, along with other bp officials, to discuss the company’s n ...

Egypt, Azerbaijan Explore Petroleum Trade, Upstream Investment Opportunities at OPEC Seminar

The Minister of Petroleum and Mineral Resources, Karim Badawi, met with Azerbaijan’s Minister of Energy, Parviz Shahbazov, to discuss joint cooperation opportunities between the two countries in the oil and gas se ...

Sisi calls for ending power cuts, and increasing exploration activities in oil and gas sector

President Abdel Fattah El-Sisi met with Prime Minister Mostafa Madbouly and Minister of Petroleum and Mineral Resources, Karim Badawi to discuss efforts to meet the country’s petroleum needs and review the latest ...

Egypt to Unlock New Areas for Exploration Using Advanced Seismic Survey

The Ministry of Petroleum and Mineral Resources announced Tuesday a new agreement with Ardiseis, a subsidiary of Arabian Geophysical and Surveying Company (Argas), to conduct a 2D seismic survey spanning 5,233 kil ...

Chevron Eyes New Egyptian Acreage Offshore The Mediterranean

Chevron is looking to expand its upstream operations in Egypt by acquiring new offshore acreage. The company is in advanced negotiations with the Egyptian government for a direct award of the West Star block, loca ...

EGAS Signs MoU with ExxonMobil Egypt to Boost Exploration Activities in Mediterranean Blocks

As part of the first pillar of the Ministry of Petroleum and Mineral Resources' strategy to attract investments, increase natural gas production, and establish incentives for promising frontier, the Egyptian Natur ...

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