Saudi Arabia | Egypt Oil & Gas - Part 3

EDC Drills 200 Wells in 2024, Targets Expansion in New Markets

The Chairman of the Egyptian Drilling Company (EDC), Osama Kamel, revealed that the company was able to drill 200 new wells and repair over 600 in 2024. He showcased the company's performance, noting that it added ...

Aramco’s net profit fell by 4.6 % in Q1 2025

Saudi oil giant Aramco reported a 4.6 % decline in its net profits during the first quarter (Q1) of 2025 to reach $26 billion. The retreat in profits came on the back of increased capital expenditures, which incre ...

ADES Inks Contract Renewal for Offshore Jackup Rigs in Saudi Arabia

ADES Holding Company announced that it renewed the contract for one of its standard offshore jackup rigs.

Aramco Makes New 14 Discoveries in the Eastern Region, Empty Quarter

Saudi Minister of Energy, Abdulaziz bin Salman bin Abdulaziz, announced that the Saudi Arabian Oil Company (Aramco) has discovered 14 Arabian oil and natural gas fields and reservoirs in Eastern Region and the Emp ...

Baker Hughes Secures Gas Technology Order for Jafurah Gas Field’s Third Expansion Phase

Baker Hughes has secured an order to provide six gas compression trains and six propane compressors for the third expansion phase of Aramco’s Jafurah gas field in Saudi Arabia. The order awarded by Tecnicas Reunid ...

Egyptian-Saudi Talks Focus on Strategies to Promote Mutual Energy Interests

Minister of Petroleum and Mineral Resources Karim Badawi held a meeting with Prince Abdulaziz bin Salman, Saudi Arabia's Minister of Energy, where they discussed the ongoing efforts to develop energy bilateral coo ...

Saudi Arabia’s KBR-AMCDE Secures Brownfield Project at Ras Tanura Refinery

KBR-AMCDE, based in Saudi Arabia, has been awarded the detailed design scope for a brownfield project in the Ras Tanura Refinery, Saudi Arabia’s oldest refinery established in 1945. The project, awarded by Sinopec ...

Egyptian and Tanzanian Ministers Forge Mining Cooperation in Riyadh

On the sidelines of his participation in the International Mining Conference in Saudi Arabia, the Minister of Petroleum and Mineral Resources Karim Badawi met with Steven L. Kiruswa(MP) Deputy Minister of Minerals ...

Minister Badawi Attends Future Minerals Forum in Riyadh

Minister of Petroleum and Mineral Resources, Karim Badawi, participated at the official inauguration of the 4th edition of Future Minerals Forum (FMF) in Riyadh, Saudi Arabia, on January 15th,2025.

Petroleum Minister Visits Egyptian Pavilion at IKTVA

Minister of Petroleum and Mineral Resources Karim Badawi inspected the pavilions of the  Egyptian petroleum companies held at IKTVA Conference and Exhibition in Saudi Arabia.

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