MoPMR Targets Drilling 101 Exploratory Wells in 2026

• Monday, 2nd February 2026
• by Sarah Samir

Minister of Petroleum and Mineral Resources Karim Badawi announced an ambitious 2026 roadmap featuring the drilling of 101 exploratory wells to bolster national reserves. Speaking at an American Chamber of Commerce (A...

PetroGulf Production to Reach 23,000 bbl/d Crude Oil in 2025/26

• Monday, 27th January 2025
• by Sarah Samir

PetroGulf Company held its general assembly under the chairmanship of Chairman of the Egyptian General Petroleum Corporation (EGPC) Salah Abdel Kerim, and with the participation of Ganoub El Wadi Petroleum Holding Com...

MPED: Petroleum Sector Targets Investments of EGP 99.6B during FY 2023/24

• Monday, 18th March 2024
• by Fatma Ahmed

Egypt’s Ministry of Planning and Economic Development (MPED) outlined a significant investment plan for the petroleum sector in its fiscal year (FY) 2023/24 report. The plan allocates EGP 99.6 billion for extrac...

Egyptian Electricity Holding Targets EGP 32.4 Billion Investments in 2020/21

• Monday, 1st June 2020
• by Fatma Ahmed

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, according to a p...