Saipem and MDC Partner to Boost Oil and Gas Cooperation in Egypt

• Tuesday, 20th October 2026
• by Sarah Samir

Italian energy services company Saipem and Egypt’s Modern Drilling Company (MDC) signed a memorandum of understanding (MoU) to expand cooperation in oil and gas activities. The signing took place during the Mediterran...

Badawi Launches Reshuffle in Financial Affairs Leadership Across the Sector

• Wednesday, 26th November 2025
• by Doaa Ashraf

In a continued effort to enhance performance and inject new expertise, Karim Badawi, Minister of Petroleum and Mineral Resources, issued a new round of transfers among senior financial affairs executives in the petrol...

Badawi Inspects El-QAHERII Rig Ahead of Deep Drilling in the Mediterranean

• Tuesday, 7th October 2025
• by Fatma Ahmed

Minister of Petroleum and Mineral Resources, Karim Badawi, inspected the offshore drilling  El-QAHERII jack-up rig, operated by Modern Drilling Company (MDC) in Alexandria, before its transfer to its next drilling sit...