Thursday 23 Jan

petroleum

Badawy highlights Sukari gold mine as a "role model" partnership
2025/01/16

Badawy highlights Sukari gold mine as a "role model" partnership

On the sidelines of the 4th International Mining Conference in Riyadh, Minister of Petroleum and Mineral Resources, Engineer Karim Badawy, met with Sarah Jones, British...

ExxonMobil finds natural gas off Egypt coast
2025/01/15

ExxonMobil finds natural gas off Egypt coast

ExxonMobil announced the discovery of potential natural gas reserves off the coast of Egypt. The company successfully drilled an exploratory well, named "Nefertari-1," in the...

Local oil companies, Saudi Al-Qahtani Group sign agreements
2025/01/14

Local oil companies, Saudi Al-Qahtani Group sign agreements

Minister of Petroleum and Mineral Resources, Engineer Karim Badawy, witnessed the signing of two framework agreements for cooperation between the Saudi company Abdel Hadi Al-Qahtani...

BP drilling success at Riffan, expands Med exploration
2025/01/12

BP drilling success at Riffan, expands Med exploration

The Egyptian Ministry of Petroleum and Mineral Resources announced that BP has successfully completed drilling and well completion operations for two additional wells at the...

Acwa Power secures $700 million fund for Egyptian wind farm
2024/12/31

Acwa Power secures $700 million fund for Egyptian wind farm

Acwa Power, a leading Saudi energy developer, has secured financing of 2.64 billion Saudi riyals (approximately $702 million) for a 1,100-megawatt wind power project in...

Saudi Arabia seeks to revitalize OAPEC for stronger Arab energy ties
2024/12/29

Saudi Arabia seeks to revitalize OAPEC for stronger Arab energy ties

The 113th ministerial meeting of the Organization of Arab Petroleum Exporting Countries (OAPEC), held in Kuwait on Friday, approved a Saudi proposal to restructure the...

Joint Egypt-Saudi Arabia talks on energy collaboration
2024/12/22

Joint Egypt-Saudi Arabia talks on energy collaboration

Minister of Petroleum and Mineral Resources, Engineer Karim Badawy, met with officials from the Saudi Al-Qahtani Group to explore potential avenues for cooperation and investment...

Investment tender launched for kaolin, glass sand exploration
2024/12/18

Investment tender launched for kaolin, glass sand exploration

Minister of Petroleum and Mineral Resources Engineer Karim Badawy held a meeting with local and international mining investors to review investment opportunities and discuss recent...