The Egyptian General Petroleum Corporation (EGPC), Cheiron Petroleum Corporation, and Capricorn Energy PLC.signed on May 19 a new deal to pump at least $208 million in the consolidated Badr El Din concession in ...
Minister of Petroleum and Mineral Resources, Karim Badawi, recently held two high-level meetings with the leadership of the UK-based Shell and Malaysia's PETRONAS to discuss stepping up exploration and development ...
The Ministry of Petroleum and Mineral Resources is advancing negotiations with France’s TotalEnergies over expanded gas exploration in the deep Herodotus Basin of the western Mediterranean, with both sides aiming ...
Türkiye has begun the deployment of its deep-sea drilling vessel, Cagri Bey, to Somalia, marking the country’s first offshore exploration mission beyond its own maritime jurisdiction, according to Reuters. Energy ...
US oil major Chevron has signed a memorandum of understanding (MoU) with the Syrian Petroleum Company and Qatar’s UCC Holding to explore oil and gas opportunities off the Syrian coast. The agreement marks a signif ...
Prime Minister Mostafa Madbouly has chaired the first meeting of the Supreme Committee for Gold, outlining a strategic shift to transform Egypt from a raw gold exporter into a global industrial hub, according to a ...
Chevron, one of the world's largest integrated energy companies, along with the Greek partner Helleniq Energy are about to conclude a deal for offshore hydrocarbon exploration before the end of the year, Reuters r ...
Minister of Petroleum and Mineral Resources Karim Badawi held a meeting with Naguib Sawiris, Chairman of In2metals Holding Company and Orascom Investment Holding, to discuss means of boosting cooperation in the mi ...
Egypt plans to carry out an ocean bottom node (OBN) seismic survey project in the Eastern Mediterranean, covering an area of 95,000 square kilometers using the latest global technologies in seismic surveying and e ...
TotalEnergies has signed a Production Sharing Contract (PSC) with South Atlantic Petroleum (SAPETRO) for two offshore exploration licenses in Nigeria. Under the deal, TotalEnergies will operate the licenses with a ...
