Egypt completes 90% of first-phase gas connections for ‘Decent Life’ initiative
Egypt has completed 90 per cent of the planned natural gas delivery works for the first phase of the “Decent Life” (Haya Karima) presidential initiative, Petroleum Minister Karim Badawi said on Tuesday. During a meeting with Prime Minister Mostafa Madbouly
Egypt targets 480 new oil and gas wells in $5.7bn exploration push
Egypt plans to drill 480 exploratory wells with total investments estimated at $5.7bn over the next five years, Minister of Petroleum and Mineral Resources Karim Badawi said on Monday, as the country seeks to reverse a decline in natural gas
Khalda Petroleum announces new gas discovery in Western Desert
The Ministry of Petroleum and Mineral Resources announced on Monday that Khalda Petroleum Company has made a new gas discovery in the Western Desert. In a statement issued on Monday, the ministry said the company successfully drilled the exploratory well
Al-Sisi orders expansion of oil, gas and mining exploration, new investor incentives
Egyptian President Abdel Fattah Al-Sisi on Saturday directed his government to scale up oil, gas and mineral exploration and introduce additional incentives to attract investors, according to a statement from the presidency. The directives came during a meeting with Prime
Arcius to acquire Egypt’s Harmattan gas field, strengthening Eastern Mediterranean portfolio
Arcius has signed a binding agreement to acquire the Harmattan gas and condensate field in Egypt’s Eastern Mediterranean waters, pending final regulatory approvals. The offshore field lies approximately 2.5 kilometres north of Ras El-Barr in Damietta and will be developed
QatarEnergy announces new expansion of gas exploration operations in Egypt
QatarEnergy has announced a new expansion of its operations in Egypt through a partnership with Italian energy company Eni in the offshore North Rafah concession in the Mediterranean Sea for natural gas exploration. With this addition, QatarEnergy’s portfolio in Egypt
BP signs agreement to drill five new gas wells in Mediterranean within its Egypt concessions
Minister of Petroleum and Mineral Resources Karim Badawy witnessed the signing of a new drilling contract marking the launch of BP’s upcoming offshore gas exploration programme in Egypt. The agreement covers the drilling of five natural gas wells in BP’s
Al-Sisi reviews oil, gas exploration progress
President Abdel Fattah Al-Sisi held a meeting on Sunday with Prime Minister Mostafa Madbouly and Minister of Petroleum and Mineral Resources Karim Badawi to assess Egypt’s latest oil and gas exploration and drilling activities. Presidential Spokesperson Mohamed El-Shenawy stated that
Egypt unveils new oil, gas investment opportunities to boost production
Egypt’s Ministry of Petroleum and Mineral Resources has announced fresh investment opportunities aimed at enhancing exploration, production, and sustainability in the oil and gas sector. The ministry is offering access to seven undeveloped fields in the Mediterranean and six exploration
Egypt closes bidding on 13 oil, gas exploration areas, attracting $700m in investments
As part of its ongoing efforts to attract and expand investments in exploration, production, and development, the Ministry of Petroleum and Mineral Resources closed bidding for 13 exploration and production areas, with offers totaling more than $700m in expected investments.