Minister of Petroleum and Mineral Resources Karim Badawi called on Chevron to expand its investments in Egypt, particularly in the promising areas for oil and gas upstream activities in the Red Sea

Minister of Petroleum and Mineral Resources Karim Badawi met with the US Secretary of Energy Chris Wright and discussed ways to enhance cooperation in the energy sector.

Egypt, Cyprus, and Chevron signed a memorandum of understanding (MoU) on February 17th, marking a major step forward for the Aphrodite gas project.

QatarEnergy has signed an agreement with Chevron to acquire a 23% stake in the North El-Dabaa (H4) block, located in Egypt’s Mediterranean Sea.

Minister of Petroleum and Mineral Resources Karim Badawi has discussed Chevron’s progress in its concession areas in Egypt and its plans to increase production with the company’s President of Chevron International Exploration and Production.

The US energy giant Chevron will start drilling an exploratory well in the deep waters of Egypt’s Mediterranean Sea at its Nargis concession area next month, with an estimated investment of $150 million.

Egyptian Minister of Petroleum and Mineral Resources Karim Badawi has discussed with a delegation from the US-based energy firm Chevron ways to accelerate oil drilling activities at the company’s concessions in the Mediterranean.

Chevron is planning to drill the first well to extract natural gas from the Narges 2 field in the Mediterranean during the fourth quarter (Q4) of this year.

Minister of Petroleum and Mineral Resources Tarek El Molla has met with President of International Exploration and Production at Chevron Corporation Clay Neff to bolster cooperation between both sides in the natural gas domain.

Chevron is set to start production from the Narges natural gas field in the Egyptian Mediterranean waters during the first half (H1) of 2025.

he US-based Chevron will inject initial investments worth $3 billion to develop Narges natural gas field in the Egyptian Mediterranean waters during the first half (H1) of 2024.

The US energy company Chevron is set to drill the first oil and natural gas exploration well in its concession area in the Red Sea in Egypt during the first half (H1) of 2024.