investment | Egypt Oil & Gas - Part 5
KUFPEC Eyes More Oil, Gas Projects in Indonesia’s Natuna Sea
Kuwait Foreign Petroleum Exploration Company (KUFPEC) is seeking to increase oil and gas projects in Indonesia’s Natuna Sea, according to Reuters. “We are particularly focused on potential blocks in the Na...
Petrobras, Ecopetrol Confirm Colombia’s Largest Gas Discovery
Petrobras and Ecopetrol have confirmed the largest gas discovery in Colombia’s history in the Sirius-2 well, which holds over 6 trillion cubic feet (tcf) of gas. This discovery increases Colombia’s current gas r...
TotalEnergies, bp, Equinor, Shell Commit $500M to Enhance Global Energy Access
Oil and gas giants TotalEnergies, bp, Equinor, and Shell have pledged $500 million to improve access to affordable energy, with a primary focus on sub-Saharan Africa and south and southeast Asia. This investment repre...
Egypt Fostering Cooperation in Carbon Emission Reduction at ADIPEC 2024
Minister of Petroleum and Mineral Resources Karim Badawi and First Undersecretary of the Ministry of Petroleum and Mineral Resources and Supervisor of Energy Efficiency and Climate Alaa El Batal held several meetings ...
EGPC Chairman, Dragon Oil CEO Hold Talks on Expanding Activities in Egypt
Egyptian General Petroleum Corporation’s (EGPC) Chairman Salah Abdel Karim met with Dragon Oil’s CEO Ali Rashid Al-Jarwan along with other executives with aim to expand the company activities in Egypt. Al-...
ExxonMobil Eyes Expansion in Egypt as Minister Badawi Highlights New Incentive Package
Minister of Petroleum and Mineral Resources Karim Badawi has held a meeting with John Ardill, Vice President of Global Exploration at ExxonMobil. The meeting discussed the company’s activities in Egypt and its expansi...
Badawi Discusses Future Oil and Gas Investment with World Bank Delegation
Minister of Petroleum and Mineral Resources Karim Badawi has announced that the oil and gas sector is working on preparing new investment opportunities, with ongoing discussions aimed at enhancing their appeal to inve...
Irans Oil Production Capacity Records Increase of 4% Since Two Years
The Iranian Minister of Oil, Javad Owji stated that the country’s oil production capacity has increase by 40% since two years. This came after his meeting with his cabinet ministers and Leader of the Islamic Revolutio...
