investments | Egypt Oil & Gas - Part 4
Badawi Highlights Egypt’s Mining Opportunities at ADU Conference
Minister of Petroleum and Mineral Resources Karim Badawi took part in the opening of the Africa Down Under (ADU) Mining and Energy Conference in Perth, Australia. Running from 3 to 5 September, the event is the leadin...
GUPCO Invests $452M in FY 2024/25
Gulf of Suez Petroleum Company (GUPCO) invested $452m in FY 2024/25, maintained production level at around 57,000 barrels per day (bbl/d) and completed the first phase of the North Safa field, Abdul Wahab El-Maghawry,...
A New Agiba Western Desert Exploration Well to Add 3,100 (boe)
The exploration activities in the North Lotus Deep-1 well in Western Desert yielded positive results and it will add about 1,835 barrels of crude oil per day (b/d) and 7 million cubic feet of natural gas daily (mcf/d)...
Egypt’s Natural Gas Production to increase by 2027: Madbouly
The government’s regular monthly payment of accumulated arrears for foreign partners would encourage them to return to produce at the previous high output levels, boosting Egypt’s natural gas supply by 202...
EUG Attracts Over $1.2Bn in Investments Since Launched: Gateway Project Manager
Mohamed Radwan, Ganoub El Wadi Petroleum Holding Company’s (Ganope) Vice Chairman for Agreements and Exploration and Egypt Upstream Gateway’s (EUG) Project Manager at the Ministry of Petroleum, revealed th...
Badawi, Shell Review Gas Investments in Egypt
Karim Badawi, the Minister of Petroleum and Mineral Resources, met with a high-level Shell Global delegation to discuss the latest developments in Shell’s natural gas investments in Egypt, particularly in the We...
AEC Calls for Lifting Restrictions on Financing Oil, Gas Projects in Africa
The African Energy Chamber (AEC), representing the continent’s energy sector, called on OPEC member countries and their partners to take bold steps to overturn global restrictions on fossil fuel financing. This came d...
bp Inks Agreements for Business Growth in Azerbaijan
bp and its partners have signed a series of strategic agreements aimed at expanding their substantial oil and gas portfolio in Azerbaijan. The deals are set to drive future growth, boost production, and strengthen col...
