ExxonMobil and its partners will invest $1 billion in the Usan Infill Project offshore Nigeria, a development expected to add about 40,000 barrels per day (bbl/d) of crude oil production, ExxonMobil Nigeria Managi ...
The Ministry of Petroleum and Mineral Resources (MoPMR) plans to offer 62 investment opportunities through the Egypt Upstream Gateway (EUG). Karim Badawi, Minister of Petroleum and Mineral Resources, announced the ...
Cypriot mining company Fawakheir Mines Complex (FMC), formerly known as SMW Gold Limited is moving forward in 2026 to establish Center of Excellence in cooperation with the Egyptian government to support education ...
Karim Badawi, Minister of Petroleum and Mineral Resources, and Mohamed Farid, Minister of Investment and Foreign Trade, have agreed to establish a joint committee aimed at enhancing financing opportunities for pet ...
Karim Badawi, Minister of Petroleum and Mineral Resources, underscored Egypt's capacity as a vital energy bridge between the Caspian region and Europe. He highlighted the country's strategic geographic position an ...
Egypt is planning to establish a green ammonia production project in Ras Banas, with initial investments estimated at $5 billion. The investments are expected to rise to $10 billion upon reaching full production c ...
Egypt is accelerating efforts to strengthen its energy sector through new investments, discoveries, and market reforms.
Egypt has secured investment commitments exceeding $19 billion from international partn ...
The Board of Directors of the Egyptian General Petroleum Corporation (EGPC) held a meeting to review measures for accelerating production and securing domestic energy supplies. During the meeting, conducted via Vi ...
Petro Shorouk revealed the injection of $96 million in additional investments during the current fiscal year (FY) 2025/26, the company’s Chairman, Tharwat El Gendy, pointed out during the company's general assembl ...
As Cairo steps up efforts to attract high-quality foreign direct investment (FDI), Mohamed Farid, Egypt’s Minister of Investment and Foreign Trade, met with Terje Pilskog, CEO of Norway’s Scatec, to explore expand ...
