Energean Optimizes Offshore Concessions in Egypt, Targets Expansion in Nile Delta in 2025May 23, 2025 International hydrocarbon exploration and production company Energean is planning to optimize its offshore concessions in Egypt while exploring new areas…
El Sisi and Shell CEO Talk Enhancing CooperationMay 23, 2025 President Abdel Fattah El Sisi held a meeting with Wael Sawan, Shell’s CEO, in the presence of Mostafa Madbouly, Egypt’s…
IDM Posts EGP 1.9B in Revenue for 2024May 23, 2025 The International Drilling Material Manufacturing Company (IDM) recorded revenues of EGP 1.9 billion and a net profit (EBITDA) of EGP…
Sisi calls for ending power cuts, and increasing exploration activities in oil and gas sectorMay 22, 2025 President Abdel Fattah El-Sisi met with Prime Minister Mostafa Madbouly and Minister of Petroleum and Mineral Resources, Karim Badawi to…
Egypt: New Deals Boost Gas Output, Oil Decline ContinuesMay 22, 2025 Key onshore Egypt producers are hoping new improved terms will help boost waning oil and gas output. Western Desert #1…
Egypt Drives Foreign Investment in Oil, Gas with Profit-Sharing SystemMay 22, 2025 The Cabinet, chaired by Prime Minister Mostafa Madbouly, approved Wednesday the use of the R-Factor (Profitability Factor) in certain petroleum…
TotalEnergies’ New Canadian Investment Expands Its Potential in AsiaMay 22, 2025 TotalEnergies, the world’s third-largest LNG player, has signed a 20-year agreement to buy million tons per annum (mtpa) of LNG…
Adnoc’s XRG Seals Turkmenistan EntryMay 22, 2025 Abu Dhabi’s XRG has finalized a deal to partner with Malaysia’s Petronas in Turkmenistan’s upstream sector. In a 14 May…
QatarEnergy’s LNG Project in USA to Start Production by End of 2025May 22, 2025 Saad Sherida Al-Kaabi, Qatar’s Minister of State for Energy Affairs and President and CEO of QatarEnergy, stated that its LNG…
Egypt to Unlock New Areas for Exploration Using Advanced Seismic SurveyMay 21, 2025 The Ministry of Petroleum and Mineral Resources announced Tuesday a new agreement with Ardiseis, a subsidiary of Arabian Geophysical and…