Wadico | Egypt Oil & Gas

Egypt Launches Phosphate Fertilizer Project Amid Push for Mining Growth

The Egyptian Mineral Resources and Mining Industries Authority (MRMIA), the New Valley for Mineral Resources and Oil Clay (WADICO), and Elsewedy Capital Holding for Investments signed a shareholders’ agreement to ...

MoPMR Reviews Wadico’s Phosphate Production Operations in Aswan

Officials from the Ministry of Petroleum and Mineral Resources (MoPMR) conducted an inspection visit to the phosphate production sites of the New Valley Mineral Resources and Oil Shale Company (Wadico) in the El S ...

Badawi, El Sewedy Discuss Progress on Ain Sokhna $1bn Phosphate Complex

Karim Badawi, Minister of Petroleum and Mineral Resources, met with Ahmed Elsewedy, President and CEO of Elsewedy Electric, to discuss the final preparations for the first phase of the integrated phosphate industr ...

China’s Xingfa to Develop Mining Project in Golden Triangle

China’s Xingfa Group signed a Memorandum of Understanding (MoU) with  the Mineral Resources and Mining Industries Authority (MRMIA), Misr Phosphate Company, El Wadi El Gedid for Mineral Resources and Oil Shale (WA ...

Wadico Launches Eco-Friendly Phosphate Production Facility

The New Valley Company for Mineral Resources and Oil Clay (Wadico) has inaugurated two projects aimed at enhancing phosphate production efficiency and improving its work environment. The first project is the compa ...

Wadico Adds 5.4M Tons in New Phosphate Reserves

The New Valley Company for Mineral Resources and Oil Clay’s (Wadico) successfully added 5.4 million tons of new phosphate to its reserves during 2025, as part of the company's plans to maximize its reserves and ad ...

MRMIA, Wadico Sign Agreement to Explore Oil Shale Opportunities

The Mineral Resources and Mining Industries Authority (MRMIA) signed a Memorandum of Understanding (MoU) with New Valley Company for Mineral Resources and Oil Clay (Wadico), to cooperate in completing geological, ...

Wadico is to Launch Egypt’s First Oil Shale Exploration and Production Project

New Valley Company for Mineral Resources and Oil Clay (Wadico) signed a strategic cooperation agreement with the global BCM Group. This agreement is set to launch the first project of its kind in Egypt for the exp ...

Wadico Adds 6.6M tons of Phosphate Reserves in 2024

New Valley Company for Mineral Resources and Oil Clay (Wadico) Chairman Amgad Ghoneim said that his company expanded its drilling activities for phosphate ore, adding new reserves estimated at approximately 6.6 mi ...

Development Initiative by Wadico, and Ganope Transfers Al Tonab to Self-Sufficient Village

Minister of Petroleum and Mineral Resources, Karim Badawi, inaugurated the integrated development project for the village of Al Tonab Village in Aswan Governorate, emphasising the role of the petroleum sector in ...

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