investment | Egypt Oil & Gas - Part 3
NPIC Dedicates $100 Mn for Unlocking New Opportunities
North Petroleum International Company (NPIC), a subsidiary of China’s state-owned Zhenhua Oil Company, plans to boost production through the optimization of existing assets and the acquisition of new concessions. Duri...
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 Egyptian St...
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 sector, a...
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 areas. ...
Egypt to Launch New International Bid Round Exploration in Red Sea via EUG
Egypt is preparing to launch an international bid round for oil and gas exploration in four areas of the Red Sea, through the Egypt Upstream Gateway (EUG). The announcement was made during a meeting between Karim Bada...
Badawi: Egypt to Drill 480 New Exploration Wells through 2030
Egypt plans to drill 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 his keyn...
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 opportuniti...
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 cooperatio...
