Minister of Petroleum and Mineral Resources Karim Badawi held talks with a delegation from TotalEnergies on expanding investments in natural gas exploration in Egypt's Western Mediterranean, with a focus on the Herodotus Basin.

Egypt’s Ministry of Petroleum and Mineral Resources announced that PetroGulf has increased its production from fields in the Gulf of Suez to approximately 26,600 barrels per day, marking the highest level since the company’s establishment in 1982.

Egypt’s Ministry of Petroleum and Mineral Resources has added four new gas wells to the country’s production map, with a combined output estimated at about 120 million cubic feet per day.

British company bp plans to inject new investments estimated at $1.5 billion in Egypt's natural gas exploration and development during fiscal year (FY) 2026/2027, Minister of Petroleum and Mineral Resources Karim Badawi announced.

The drilling results from the exploratory well Sirius-1X in the Northeast El Amriya area of Egypt's Mediterranean waters, operated by Shell, showed promising initial indicators after reaching the target depth of 2,115 meters.

The Belayim offshore 133 well has begun crude oil production in Egypt’s Sinai fields, the Ministry of Petroleum and Mineral Resources said.

Minister of Petroleum and Mineral Resources Karim Badawi held an extensive meeting with executives of international oil and gas companies operating in Egypt to discuss a five-year plan aimed at intensifying exploration and production activities and accelerating investment in the sector.

The Egyptian Drilling Company (EDC) has won a project contract in Kuwait to operate a 1,500-horsepower (HP) drilling rig for the Kuwait Oil Company (KOC), the Ministry of Petroleum and Mineral Resources announced.

The Mineral Resources and Mining Industries Authority (EMRA) has approved the issuance and renewal of 53 licenses for mineral exploration and exploitation during the fourth quarter (Q4) of 2025.

Agiba Petroleum Company has successfully completed the drilling of two new wells, Dorra-36 and West Yasmine-3, to boost production within its concession in the Western Desert.

The Ministry of Petroleum and Mineral Resources outlined what it described as its most significant achievements in the oil, gas, and mineral resources sector, as part of the implementation of its strategic work program, with a particular focus on boosting exploration and domestic production to meet local demand.

Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi held an extensive meeting to review progress on projects aimed at increasing natural gas production during 2026 and accelerating their connection to the national gas grid.

The Ministry of Petroleum and Mineral Resources has signed a new oil and natural gas exploration agreement with British company Terra Petroleum.

El Wastani Petroleum Company (WASCO) has completed drilling the North El-Basant-1 exploratory well in the Delta, adding an estimated 15 to 25 billion cubic feet of natural gas reserves based on initial tests, as per a statement by the Ministry of Petroleum and Mineral Resources.

The Ministry of Petroleum and Mineral Resources signed a new oil exploration and production agreement in the East Gemsa offshore area of the Gulf of Suez, with investments exceeding $30 million.

Egypt is preparing to launch a new international bid round for oil and gas exploration in four concessions at the Red Sea through the Egypt Upstream Gateway (EUG), Minister of Petroleum and Mineral Resources Karim Badawi announced during meetings held on the sidelines of the World Energies Summit in London.

Egypt plans to drill about 480 new oil and gas exploration wells over the next five years with investments exceeding $5.7 billion, Minister of Petroleum and Mineral Resources Karim Badawi announced during his keynote speech at the World Energies Summit in London.

Minister of Petroleum and Mineral Resources Karim Badawi witnessed the signing of a drilling contract between bp and Valaris for five new natural gas wells in Egypt’s Mediterranean Sea.

Burullus Gas Company has brought a second well, Sparrow West-1, into production at a rate of 40 million cubic feet of gas per day.

The Ministry of Petroleum and Mineral Resources has completed the evaluation of bids for seven new oil and gas exploration and production areas, offered through the Egypt Upstream Gateway (EUG).