Badawi Announces New Incentives to Boost Oil, Gas Production

• Tuesday, 27th August 2024
• by Sarah Samir

Minister of Petroleum and Mineral Resources Karim Badawi has announced a new set of incentives aimed at increasing oil and gas production during an extensive meeting with important partners in the sector. These incent...

Egypt Starts Paying Off Foreign Partners in Oil Projects

• Tuesday, 26th March 2024
• by Ihab shaarawy

Prime Minister Mostafa Madbouly chaired a meeting today to address outstanding payments to foreign companies involved in Egyptian oil projects. The meeting was attended by Hassan Abdullah, Central Bank Governor; Tarek...

ExxonMobil, Partners Announce New Discovery on Angola Block 15

• Tuesday, 8th November 2022
• by Israa Ibrahim

ExxonMobil Angola, the National Agency for Petroleum, Gas and Biofuels (ANPG), and the Angola Block 15 partners declared a new discovery at the Bavuca South-1 exploration well. High-quality, hydrocarbon-bearing sandst...

Three Other Partners to Join QatarEnergy’s NFS Project

• Sunday, 9th October 2022
• by Israa Ibrahim

Three additional partners have joined the North Field South (NFS) project, according to Saad Sherida Al-Kaabi, Minister of State for Energy Affairs and President and CEO of QatarEnergy. He said that they will be annou...