investments | Egypt Oil & Gas - Part 3
UEE Drills 30 Wells in 2025, Increasing Egypt’s Production by 20%
The United Energy Egypt (UEE) has drilled around 30 wells in 2025, which successfully offset natural reservoir decline and increased oil production by more than 20%, according to Kamel Al Sawi, Regional President of U...
Madbouly Explores Incentives to Unlock Golden Triangle Investment Potential
The Prime Minister Mostafa Madbouly reviewed ongoing efforts to attract new investments to the Golden Triangle Economic Zone during a meeting at the government headquarters in the New Capital, focusing on unlocking t...
Egypt Unveils Five-Year Exploration,Production plan to IOCs
The Minister of Petroleum and Mineral Resources, Karim Badawi, has outlined a new five-year plan for oil and gas exploration and production during a high-level meeting with leaders and representatives of international...
Eni, PETRONAS Form Southeast Asia Upstream Venture, Targeting $15 Bn Investment
Eni and PETRONAS have signed a binding agreement to create a new joint venture (JV) company, NewCo, which will combine their upstream operations in Indonesia and Malaysia. The agreement was signed on the sidelines of ...
Badawi Meets Eni, Chevron Leaders to Advance Gas Exploration at ADIPEC 2025
Karim Badawi, Minister of Petroleum and Mineral Resources, met with Claudio Descalzi, CEO of Eni, during his participation in the ADIPEC Exhibition and Conference 2025 in Abu Dhabi to accelerate the company’s explorat...
Egypt, AFC Discuss Deepening Cooperation in Petroleum, Mining Sectors
Karim Badawi, Minister of Petroleum and Mineral Resources, met with a delegation from the Africa Finance Corporation (AFC) to explore means to strengthen cooperation opportunities in the mining and petroleum sectors. ...
Badawi Promotes oil and Gas investment opportunities at 2 London Events
On the sidelines of his participation in the World Energies Summit and the London Energy Forum in the UK ,Karim Badawi, Minister of Petroleum and Mineral Resources, held a series of bilateral meetings with several int...
Peru Targets Saudi, American, Ecuadorian Investments to Revive Energy Sector
Peru’s Energy and Mines Minister, Jorge Luis Montero, expects to sign a memorandum of understanding (MoU) with Saudi Arabia in November to collaborate on lithium and other critical mineral projects. The minister...
