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.
investments | Egypt Oil & Gas - Part 4
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 during the fiscal year (FY) 2024/25 targeting daily production rates of 30,000 barrels of oil and 119 mi ...
MPED: Petroleum Sector Targets Investments of EGP 99.6B during FY 2023/24
The Minister of Planning and Economic Development (MPED) issued a report about the petroleum sector’s investment plan that it aims to invest EGP 99.6 billion in developing the extractions during the fiscal year (F ...
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 We ...
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.
Egypt, Japan Seek Stronger Cooperation in the Energy Sector
Minister of Petroleum and Mineral Resources Tarek El Molla has held talks with the Japanese Ambassador Oka Hiroshi, in attendance of several Japanese officials, exploring investment opportunities available to Japa ...
TAQA to Inject More Investments in Egypt Over Next Two Years
Executive Vice President for Well Solutions at TAQA Amir Naseem has stated that Egypt is one of the strategic countries in which TAQA seeks to pump more investments during the coming two years.
IPR to Invest $110M in Drilling New Wells in Alamein, Fayoum
Minister of Petroleum and Mineral Resources Tarek El Molla and Chairman of IPR Mahmoud Dabbous have held a meeting to discuss the company’s results and latest projects on the sidelines of EGYPES 2024.
bp Drills Two Wells for Raven Field Development
bp CEO Murray Auchincloss has announced that the company is drilling two wells as part of its development plan for Raven field, highlighting the company’s interest in pumping more investments in its projects in Eg ...
European Commission Director General for Energy Praises Egypt’s Renewable Energy Potential
Director-General for Energy at the European Commission Ditte Juul Jørgensen has stated that Egypt has great potential for renewable energy that can be used and expand its projects.
