PetroGulf Misr has successfully implemented an advanced drilling model at the GNN-16 well in the Gulf of Suez, reducing operational costs by $700,000 and shortening the drilling timeline by 5.5 days, according to ...
Pharaonic Petroleum Company (PhPC) confirmed plans to fast-track drilling activities to bring a new development well onstream in the fourth quarter of 2026, with an expected initial production rate of approximatel ...
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 heads and representatives of internation ...
Zohr field currently contributes more than 23% of Egypt's total gas production, said Karim Badawi, Minister of Petroleum and Mineral Resources, adding that the Mediterranean region would witness stability in produ ...
OPEC+ is expected to approve another production hike of at least 137,000 barrels per day (b/d), at its upcoming meeting on Sunday, three sources familiar with the discussions told Reuters. The move comes as higher ...
OPEC+ member countries are predicted to approve more oil production on Sunday, noting that the members are still discussing the final increase for September.
On the sidelines of CERAWeek 2025, Minister of Petroleum and Mineral Resources Karim Badawi held meetings with CEOs of international companies to discuss production and investments.
Kazakhstan has increased in February its crude oil and gas condensate production by 13% to a record of 2.12 million barrels per day (bbl/d), exceeding its quota of of 1.468 million bbl/d agreed upon within the OPE ...
Iraq's fuel oil exports are poised to achieve all time highs this year, driven by the country’s ramp up shipments in October. This surge comes as domestic demand eased and production rose, according to Reuters.
John Christmann, CEO of Apache Corporation, has expressed his desire to continue its successful partnership with Egypt and contribute to maximizing the state’s energy resources.
