Dana Gas, the Middle East’s leading private natural gas company, has drilled four wells in Egypt throughout 2025 and completed a workover program across three additional wells, boosting the total production of its Eg...
PetroGulf Misr has successfully implemented an advanced drilling model at the GNN-16 well in the Gulf of Suez, reducing operational costs by $700,000 and shortening the drilling timeline by 5.5 days, according to a Minis...
The UAE is doubling down on its Artificial Intelligence ambitions, seeking to establish a competitive advantage in the energy-hungry industry. Hype behind the technology continues to build, and the need to establish resi...
Minister of Investment and Foreign Trade Hassan El-Khatib met with a delegation from Evolve Holding and its partner, Stonex, to discuss expanding their investments in Egypt’s precious metals sector, according to a Cabi...
Prime Minister Mostafa Madbouly has chaired the first meeting of the Supreme Committee for Gold, outlining a strategic shift to transform Egypt from a raw gold exporter into a global industrial hub, according to a Cabine...
France’s TotalEnergies lifted a 70,000-ton LNG cargo from Egypt’s 7.2mn t/y ELNG export terminal at Idku on 10 January, according to data intelligence firm Kpler, the first export cargo of the year. Total has a 5% st...
Egypt’s Kemet has signed two major cooperation agreements and one memorandum of understanding (MoU) in the field of renewable energy and energy storage with leading Chinese companies, according to statements by the Cab...
The Western Desert Operating Petroleum Company (WEPCO) has successfully increased crude oil production at the Badr-1 field to over 7,500 barrels per day (bbl/d), representing more than a tenfold increase from the 800 bbl...
Pharaonic Petroleum Company (PhPC) confirmed plans to fast-track drilling activities to bring a new development well onstream in the fourth quarter (Q4) of 2026 with a production rate of 40 million cubic feet (mmcf/d) of...
Saudi petrochemicals giant Sabic has signed agreements to divest loss-making assets in Europe and the Americas as part of its divestment strategy intended to free up resources for investment in core areas (MEES, 9 May 20...
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