investments | Egypt Oil & Gas - Part 8
Minister Badawi and ExxonMobil Discuss New Investment Opportunities in Egypt’s Oil and Gas Sector
As part of his visit to the UK, Egyptian Minister of Petroleum and Mineral Resources Karim Badawi met with John Ardill, Vice President of International Exploration at ExxonMobil, at the company’s headquarters. The mee...
CORC Invests Over EGP 1.8 Billion in Key Projects During FY 2023/24
Wael Rizk, Chairman of Cairo Oil Refining Company (CORC), announced that the company has implemented investment projects exceeding EGP 1.8 billion during the fiscal year (FY) 2023/24. Rizk made this statement during t...
Badawi Highlights Egypt’s Energy Transition and Investment Opportunities at Gastech 2024
Minister of Petroleum and Mineral Resources Karim Badawi chaired a roundtable titled “Egypt: Shaping a Pragmatic and Realistic Energy Future” during his participation in Gastech 2024. During the roundtable...
Egypt and Petronas Discuss Expanding LNG Investments at Gastech 2024
Minister of Petroleum and Mineral Resources Karim Badawi met with Adnan Zainol Abidin, Chief Operating Officer-(COO) of the Malaysian Petronas Group, to discuss the status of the group’s current investments in E...
Badawi Seeks Australian Investments to Boost Egypt’s Mining Sector
Minister of Petroleum and Mineral Resources Karim Badawi has called for a meeting with Australian companies to identify investment opportunities in Egypt’s mining sector. This came during the minister’s meeting ...
Bapetco Production Exceeds 67,000 boe/d, Pumps $295M in Investments During FY 2023/24
Ashraf Abdel Gawad, the Chairman of Badr El Din Petroleum Company (Bapetco) has revealed that production rates reached over 67,000 barrels of oil equivalent per day (boe/d), amounting to 217 million cubic feet (mmcf) ...
Vista Energy to Invest $1B for Developing Argentina Shales
Vista Energy has announced that it will pump $1.1 billion to develop the massive shale deposit in Argentina, the company’s CEO Miguel Galuccio told Reuters. He showcased his company’s near-term development plan for th...
EGAS Launches 2024 International Bid Round for 12 New Oil and Gas Blocks in Egypt
The Ministry of Petroleum and Mineral Resources has announced that the Egyptian Natural Gas Holding Company (EGAS) has launched a new international 2024 bid round for the exploration and exploitation of natural gas an...
