IOCs | Egypt Oil & Gas
Egypt Zeroes out IOC Arrears
Today, June 10, Egypt fully settled its arrears to foreign oil and gas partners, a milestone aimed at restoring investor confidence, stimulating new investment, and accelerating exploration and research activity, Kari...
ExxonMobil Eyes Expanded Lubricants and Synthetic Greases Investments in Egypt
Minister of Petroleum and Mineral Resources, Karim Badawi, met with Dan Moore, Global Vice President of Lubricants at ExxonMobil, to discuss means of strengthening cooperation with the US oil and gas giant in the prod...
Rystad: Egypt’s Energy Model Becomes Regional Blueprint
Egypt is undergoing a fundamental structural transformation in its petroleum and natural gas sectors. A recent report by Rystad Energy, an Oslo-based leading independent energy research and business intelligence compa...
Badawi Accelerates E&P Projects, Strengthens IOC Ties at ADIPEC 2025
Karim Badawi, Minister of Petroleum and Mineral Resources, met with senior officials and CEOs of leading international energy companies (IOCs) on the sidelines of the ADIPEC Exhibition and Conference 2025 in Abu Dhabi...
Badawi Meets with IOCs on Egypt’s Energy Strategy
Minister of Petroleum and Mineral Resources, Karim Badawi, convened a high-level meeting with heads and representatives of international oil companies (IOCs) operating in Egypt. The extensive discussions took place at...
Petroleum Ministry Postpones Closing Date of 2021 E&P Bid Round
Minister of Petroleum and Mineral Resources, Tarek El Molla, announced the postpone of the closing date of the first exploration and production (E&P) bid round in 2021 to the end of September 2021, a press releas...
ADNOC Launches Initiative to Level Up Tendering Process
The Abu Dhabi National Oil Company (ADNOC) has implemented an initiative to drive efficiencies in its tendering process in order to improve its approach to procurement and to maximize its value and its community of su...
Consortium of Total, Eni, Novatech Continues Oil Activities in Lebanon
The Caretaker Minister of Energy and Water, Raymond Ghajar, stated that the consortium made up of Total, Eni and Novatech Companies, is continuing its oil activities in Lebanon under the leadership of the operating co...
