investment | Egypt Oil & Gas

MOPCO to Invest up to $250mn in Capacity Expansion, Export Growth

Misr Fertilizers Production Company (MOPCO)  will invest between $200-$250 million in 2026/2027 to increase production capacity and expand in new export markets, the company said in a statement sent to the Egyptia ...

Egypt, Australia Boost Investment Cooperation in Mining, Energy Sectors

Karim Badawi, Minister of Petroleum and Mineral Resources, met with Axel Wabenhorst, Ambassador of Australia to Cairo to discuss investment cooperation opportunities between Egypt and Australia in the mining secto ...

Egypt Strengthens Cooperation with Siemens Energy

Mohamed El-Shimy, Minister of Public Business Sector, met with a delegation from Siemens Energy to discuss potential areas of cooperation as well as explore investment opportunities and partnerships in several are ...

Egypt to Launch New International Bid Round Exploration in Red Sea via EUG

Egypt is preparing an international bid round for oil and gas exploration in four areas of the Red Sea, which will soon be launched through the Egypt Upstream Gateway (EUG). This was discussed during a meeting bet ...

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 ...

Badawi Holds Mining, Energy Investment Talks on Sidelines of London Energy Intelligence Forum

On the sidelines of the Energy Intelligence Forum in London, Karim Badawi, Minister of Petroleum and Mineral Resources, met with several international mining companies and financial institutions to explore coopera ...

Egypt, Cyprus Partnership Expands to Mining

Karim Badawi, the Minister of Petroleum and Mineral Resources, met with Cyprus’s Ambassador to Egypt, Polly Ioannou, at the ministry’s headquarters in the New Administrative Capital to discuss prospects for cooper ...

Cleopatra Group Eyes Oil Sector, Assesses Fields For Investment

Cleopatra Group, one of Egypt’s largest private sector industrial conglomerates is tapping the oil sector, and is currently assessing some fields in Egypt and abroad to invest in, according to Mohamed Aboul Enein, ...

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 ...

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