Khalda Petroleum Company and Qarun Petroleum Company announced that they will pump around $1 billion investments in the Western Desert during the fiscal year (FY) 2021/2022, as Khalda targets to invest $830 million while Qarun will invest $252 million in different oil and gas relevant activities

The Egyptian Natural Gas Holding Company (EGAS) announced that it plans to sign three development contracts worth $377.7 million in and complete drilling ten wells in Delta and the Mediterranean (FY) 2021/2022.

The Chairman of Gulf of Suez Petroleum Company (GUPCO), Mohamed El Meligy, stated that the company has allocated $562 million its planning budget for the fiscal year (FY) 2020/2021 for investments to implement projects in its fields.

The chairman of Egyptian Electricity Holding Company, Gaber Desouki, announced that his company is targeting implementing EGP 32.4 billion investment projects during the fiscal year (FY) of 2020/2021.

the Egyptian Natural Gas Holding Company (EGAS) targets to sign seven agreements with a cost of $690 million and a signature bonus estimated at $16 million, EGAS Chairman Osama El Bakly said while discussing the company's planning budget for Fiscal Year (FY) 2020/21.

Ganoub El Wadi Petroleum Holding Company (Ganope) is targeting to raise its petroleum production by 17% in its Fiscal Year (FY) 2020/21 plan

The Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla, headed Rashpetco’s general assembly meeting to review the amended planning budget of Fiscal Year (FY) 2019/20 and the planning budget for FY 2020/21.