investments | Egypt Oil & Gas - Part 10
EGAS Discusses Production Increase and Exploration Plans with PhPC
Yassin Mohamed, the Executive Managing Director of the Egyptian Natural Gas Holding Company (EGAS), has inspected the fields of the Pharaonic Petroleum Company (PhPC) in Port Said. During the visit, Hossam Zaki, the C...
Badawi, UAE Ambassador Explore Investment Opportunities in Egypt
In a meeting with the Minister of Petroleum and Mineral Resources Karim Badawi, the UAE’s Ambassador to Egypt Maryam Al Kaabi said that Egypt is an attractive destination for investments expressing UAE’s desire to str...
Badawi Reviews Petrobel’s Milestones, Zohr Field Progress in Port Said
Minister of Petroleum and Mineral Resources Karim Badawi has highlighted that safety is very important and working to constantly improve it is a priority. Badawi further emphasized the importance of adhering to occupa...
Agiba Petroleum to Pump Investments Worth $500M During FY 2024/25
The Chairman of Agiba Petroleum Company Tharwat Gindy has stated that the company plans to pump $500 million in investments during the fiscal year (FY) 2024/25 targeting daily production rates of 30,000 barrels of oil...
MPED: Petroleum Sector Targets Investments of EGP 99.6B during FY 2023/24
Egypt’s Ministry of Planning and Economic Development (MPED) outlined a significant investment plan for the petroleum sector in its fiscal year (FY) 2023/24 report. The plan allocates EGP 99.6 billion for extrac...
Khalda Petroleum to Pump Investments Worth $1.2B During FY 2024/25
Saeed Abdel Moneim, Chairman of Khalda Petroleum Company, has announced that the company will pump investments worth $1.2 billion and drill 42 exploratory wells, in addition to other 81 development wells in the Wester...
bp to Invest $1.5B in Egypt
bp is gearing up to invest around $1.5 billion in Egypt, to develop gas projects and drilling over the upcoming three to four years, Reuters reported. Earlier in February, bp and Abu Dhabi National Oil Company (ADNOC)...
Egypt, Japan Seek Stronger Cooperation in the Energy Sector
Minister of Petroleum and Mineral Resources Tarek El Molla held talks with the Japanese Ambassador Oka Hiroshi, in attendance of several Japanese officials, exploring investment opportunities available to Japanese com...
