plan | Egypt Oil & Gas

Trump Announces Plans for Major Resource Exploration in Greenland

US President Donald Trump said that large-scale oil, gas, and mineral exploration is set to begin in Greenland, highlighting the island’s potential natural resource wealth and strategic importance, Reuters reported. T...

Egypt Targets Doubling Crude Output by 2030 with New Technology

Karim Badawi, Minister of Petroleum and Mineral Resources, affirmed that the petroleum sector’s five‑year plan aims to double domestic crude oil production by 2030 through expanded application of the latest technologi...

UEE Drills 30 Wells in 2025, Increasing Egypt’s Production by 20%

The United Energy Egypt (UEE) has drilled around 30 wells in 2025, which successfully offset natural reservoir decline and increased oil production by more than 20%, according to Kamel Al Sawi, Regional President of U...

Egypt Unveils Five-Year Exploration,Production plan to IOCs

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 leaders and representatives of international...

Canadian Tag Oil to Expand its Western Desert exploration for unconventional resources

The Minister of Petroleum and Mineral Resources, Karim Badawi, received Abby Badwi, CEO of Canadian Tag Oil,  operating in Egypt’s Badr-1 field in the Western Desert, to discuss the company’s plans to expa...

Baker Hughes to Invest Nearly €300mn to Develop its Facilities in Italy

At the Gastech Exhibition and Conference in Milan, Baker Hughes unveiled a plan to allocate around €300 million over the next five years to upgrading and expanding its facilities and plants in Italy. The initiative is...

Badawi Unveils 2025 Energy Strategy at Al-Ahram Conference

The Minister of Petroleum and Mineral Resources Karim Badawi stated that the sector’s plan for 2025 include accelerating the production wheel and intensifying research and exploration programs, exploiting the refining...

IPR to Invest $110M in Drilling New Wells in Alamein, Fayoum

Minister of Petroleum and Mineral Resources Tarek El Molla and Chairman of IPR Mahmoud Dabbous held a meeting to discuss the company’s results and latest projects on the sidelines of EGYPES 2024. Dabbous also announce...

Apache Showcases its 2024 Business Strategy in Egypt

Minister of Petroleum and Mineral Resources Tarek El Molla has held talks with Apache Corporation CEO John Christmann, the company’s Vice President and General Manager of Apache in Egypt David Chi, and an accompanying...

PDVSA’s New Management Expects to Increase Oil Output, Refining

Venezuelan state-owned oil and natural gas company PDVSA’s new management anticipates to increase the country’s output to 1.17 million barrels per day. Pedro Tellechea, the company’s new chief executive and a ne...

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