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Badawi reviews bp’s investment plans, drilling program in Egypt

Minister of Petroleum and Mineral Resources Karim Badawi has reviewed bp Plc's projects and future investment plans in Egypt.

Updated 26m14h
Egypt, Syria ink MoUs on natural gas supply, energy technical support

The Ministry of Petroleum and Mineral Resources inked two memoranda of understanding (MoUs) to provide technical expertise to the Syrian energy sector.

Updated 1/6/2026 7:33:00 AM
Egypt signs $140M financing deal for metallic silicon production complex in New Alamein

Egypt has signed a $140 million long-term syndicated financing agreement for the first phase of a metallic silicon and derivatives production complex planned for the industrial zone in New Alamein.

Updated 12/31/2025 1:35:00 PM
Egypt’s petroleum sector wraps up 2025 with stabilized production, new discoveries,

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.

Updated 12/31/2025 8:18:00 AM
Badawi reviews 2026 gas projects as Egypt targets faster production growth

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.

Updated 12/29/2025 7:36:00 AM
Agiba Petroleum posts 3-year high crude oil output on Eni-backed drilling push

Agiba Petroleum Company has reported strong gains in oil and natural gas production, supported by intensified drilling and exploration activity carried out in partnership with Italian energy major Eni.

Updated 12/23/2025 1:32:00 AM
Egypt inks $6.5M oil, gas exploration deal with UK's Terra Petroleum

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

Updated 12/23/2025 1:21:00 AM
Egypt outlines 5-year oil, natural gas plan to achieve crude self-sufficiency

Minister of Petroleum and Mineral Resources Karim Badawi held an extended meeting with the heads and representatives of several international oil companies operating in Egypt to discuss a new five-year plan for oil and natural gas exploration and production.

Updated 12/21/2025 8:06:00 AM
Badawi outlines 5 initiatives for Arab energy security at OAPEC meeting

Minister of Petroleum and Mineral Resources Karim Badawi presented five Egyptian initiatives to enhance Arab energy security.

Updated 12/14/2025 1:19:00 PM
Egypt awards upstream projects at EOGC 2025 as Badawi cites energy security gains

Minister of Petroleum and Mineral Resources Karim Badawi opened the 11th edition of the Egypt Oil and Gas Convention (EOGC 2025) titled “Collaboration That Powers Progress: Advancing Egypt's Upstream Opportunities”.

Updated 12/14/2025 7:22:00 AM
Egypt, Cyprus push ahead with strategic energy cooperation

Egypt and Cyprus are pressing ahead with efforts to deepen strategic cooperation in the energy sector, Minister of Petroleum and Mineral Resources Karim Badawi said during a meeting with Polly Ioannou, Ambassador of Cyprus to Cairo.

Updated 12/14/2025 1:34:00 AM
Badawi reviews plans for Cargas to expand into Arab, African markets

Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi reviewed opportunities for Cargas to enter Arab and African markets following the country’s participation in the ADIPEC 2025 conference and exhibition.

Updated 12/10/2025 2:59:00 AM
WASCO completes North El-Basant-1 drill: Petroleum Ministry

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.

Updated 12/9/2025 1:26:00 AM
Egypt inks protocol to treat petroleum waste, increase returns from natural resources

The Egyptian General Petroleum Corporation (EGPC) and the Nuclear Materials Authority (NMA) signed a cooperation protocol to treat petroleum waste and support the state’s plan to increase economic returns from natural resources.

Updated 12/7/2025 2:11:00 PM
Egypt pens $30M oil exploration deal in Gulf of Suez

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.

Updated 12/4/2025 3:29:00 PM
Capital Drilling mulls expansion into Egypt's mining activities

Minister of Petroleum and Mineral Resources Karim Badawi and Executive Chair of Capital Drilling Jamie Boytont discussed plans to expand into new areas of operation within the Egyptian mining sector.

Updated 11/27/2025 2:41:00 PM
Egypt, Australia explore deeper mining ties as Badawi holds talks in Perth

Minister of Petroleum and Mineral Resources Karim Badawi began an official visit to Perth’s mining hub in Western Australia

Updated 11/27/2025 9:30:00 AM
Italy's Eni to invest $8B in Egypt over 5 years: Descalzi

Italy’s Eni plans to inject additional investments totaling $8 billion into the Egyptian market over the next five years, CEO Claudio Descalzi said in a meeting with President Abdel Fattah El-Sisi.

Updated 11/26/2025 8:09:00 AM
Egypt, UAE eye boosting cooperation, investments in oil sector

Minister of Petroleum and Mineral Resources Karim Badawi and the UAE’s Ambassador to Egypt Hamad Obaid Al Zaabi discussed strengthening cooperation in the oil and gas sector.

Updated 11/25/2025 8:33:00 AM
Badawi chairs 1st board meeting of Mineral Resources and Mining Industries Authority

Minister of Petroleum and Mineral Resources Karim Badawi held the first board meeting of the Mineral Resources and Mining Industries Authority in its new formation.

Updated 11/25/2025 6:45:00 AM