oil and gas | Egypt Oil & Gas - Part 3

ARCIUS Energy, bp Start Offshore Gas Drilling in Mediterranean

ARCIUS Energy and bp are set to begin offshore gas drilling operations in the Mediterranean Sea, following the arrival of the drillship Valaris DS-12 in Egypt to support the development of new exploration wells. The v...

El-Sisi Urges Use of Advanced Drilling Technologies to Boost Oil and Gas Output

President Abdel Fattah El-Sisi met with Prime Minister Mostafa Madbouly and Minister of Petroleum and Mineral Resources Karim Badawi to review efforts to increase oil and natural gas production, according to President...

GPC to Drill 66 Wells with EGP 8 Bn Investments in FY 2026/27

The General Petroleum Company (GPC)  targets drilling  66 wells, including 8 exploratory ones, with total investments of EGP 8 billion during the coming fiscal year, Chairman Mohamed Abdel Mageed told the company̵...

Badawi Engages Global Investment Banks to Accelerate Investments

Karim Badawi, Minister of Petroleum and Mineral Resources, presented the latest reforms, incentives, and opportunities within the petroleum and mining sectors during a roundtable meeting with a group of International ...

Localized Demulsifier Production to Save Up to $300 Per Barrel

Karim Badawi, Minister of Petroleum and Mineral Resources, has honored Amr Tawfik from the Refining and Manufacturing Department at the Egyptian General Petroleum Corporation (EGPC) for developing a locally made demul...

NOSPCO and PetroZenima to Invest $112.6 Million to Boost Gas and Oil Production

North Sinai Petroleum Company (NOSPCO) has said it will allocate $89 million in investment for the upcoming fiscal year (FY), targeting the drilling of three new exploration wells. The plan aims to sustain and increas...

Egypt, Oman Advance Mining and Natural Gas Ties at Riyadh Forum

On the sidelines of the Future Minerals Forum (FMF) in Saudi Arabia, Minister of Petroleum and Mineral Resources, Karim Badawi, met with Mohsin Al-Hadhrami, Undersecretary of Oman’s Ministry of Energy and Minerals and...

Four New Discoveries in Western Desert Add 4,500 bbl/d of Oil

Drilling operations in four exploratory wells in the Western Desert yielded positive results, adding approximately 4,500 barrels per day (bbl/d) of crude oil and 2.6 million standard cubic feet per day (mmscf/d) of na...

Badawi Updates PM on Gas Projects, Sector Developments

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 Minister M...

Eni Kicks Off New Investment Program in Egypt with Belayim Well

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’...

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