Petroleum Marine Services (PMS) generated total revenues of $261.5 million in 2025. The revenues included $129 million from development projects and $132.6 million from maintenance, inspection, drilling, and other ...
Karim Badawi, Minister of Petroleum and Mineral Resources, discussed with representatives of the International Finance Corporation (IFC), the private sector arm of the World Bank,  investment and financing oppor ...
Karim Badawi, Minister of Petroleum and Mineral Resources has met with a delegation from Italy’s Eni to review ongoing operations in Egypt including the project to tie in Cyprus’ Cronos gas field to Egyptian gas a ...
UK Energy giant, bp, reaffirmed its commitment to boosting investments in Egypt, accelerating drilling programs, and turning discoveries into actual production on an accelerated pace.
bp has an ambitious pla ...
The Ministry of Petroleum and Mineral Resources (MoPMR) has completed 90% of the planned works to connect natural gas to households under the presidential Decent Life initiative. During a meeting with Prime Minist ...
Minister of Petroleum and Mineral Resources, Karim Badawi, and Minister of Public Business Sector, Mohamed Sheimy, held a high-level meeting at the petroleum ministry’s headquarters in the New Administrative Capit ...
A strategic acceleration of natural gas production projects is underway to boost national output and reduce import costs ahead of the 2026 summer demand peak. The initiative focuses on fast-tracking the connection ...
A new round of leadership transfers and administrative appointments has been launched across several petroleum sector companies to optimize expertise and support organizational growth. Minister of Petroleum and Mi ...
Karim Badawi, Minister of Petroleum and Mineral Resources, inspected drilling operations at the Belayim offshore 133 well in the Gulf of Suez, marking the first drilling activity under Italian energy company Eni's ...
The Minister of Petroleum and Mineral Resources, Karim Badawi, has outlined a new five-year plan for oil and gas exploration and production during a high-level meeting with heads and representatives of internation ...
