Elsharkawi: Baker Hughes, MoPMR Partner to Launch Subsurface Gas Storage Projects

• Sunday, 12th April 2026
• by Samar Samir

Baker Hughes is accelerating its strategic involvement in underground natural gas storage projects in collaboration with the Ministry of Petroleum and Mineral Resources (MoPMR), according to Amro Ismail Elsharkawi, th...

Dragon Oil to Invest $3 Bn in Egypt

• Sunday, 5th April 2026
• by Doaa Ashraf

UAE Dragon Oil is planning to invest $3 billion in the coming years in Egypt, according to the company’s CEO Abdulkarim Almaazmi. Speaking in the latest edition of Petrocast, the Ministry of Petroleum and Minera...

NPIC Dedicates $100 Mn for Unlocking New Opportunities

• Tuesday, 30th December 2025
• by Fatma Ahmed

North Petroleum International Company (NPIC), a subsidiary of China’s state-owned Zhenhua Oil Company, plans to boost production through the optimization of existing assets and the acquisition of new concessions. Duri...

Badawi to Petrocast: Egypt’s 2026 Mediterranean Drilling Campaign Targets 12 tcf of Gas

• Sunday, 9th November 2025
• by Doaa Ashraf

Egypt will launch one of the largest natural gas exploration campaigns in the Mediterranean in 2026, marking a major step in reviving domestic production and attracting new investments, Karim Badawi, Minister of Petro...