GUPCO announces new oil discovery in Gulf of Suez Ministry of Petroleum and Mineral Resources announced a new oil... Businessmen Team 26 Nov 2025 The discovery follows the successful drilling of the exploratory well, "Northeast Ramadan Crystal."...
Egypt signs three new petroleum deals with international firms In line with state efforts to increase investment and attract... Businessmen Team 27 Sep 2025 The Cabinet announced on Saturday that these agreements reflect the growing confidence of internati...
Egypt signs three new oil, gas exploration agreements worth USD 121 million Petroleum and Mineral Resources Minister Karim Badawi witnessed the signing... Businessmen Team 14 Sep 2025 The first agreement reassigns the North Sinai Offshore area to Perenco Egypt. It includes USD 46 mi...
Dragon Oil finds oil in East Crystal 1 well in Gulf of Suez The Ministry of Petroleum and Mineral Resources announced today, Wednesday,... Businessmen Team 29 Jan 2025 Preliminary test results of the Hawara layer, extending 16 feet, showed a daily production of more...
Egypt, UAE collaborate on AI-powered oil reservoir management Ministry of Petroleum and Mineral Resources and Dragon Oil, a... Businessmen Team 09 Nov 2024 The agreement was signed by Minister of Petroleum Karim Badawy, and Engineer Ali Rashid Al Jarwan,...
