AR
Home / drilling

News related to: drilling

Petroleum Ministry: International oil companies’ debts fall gradually in 2025

Petroleum Ministry: International oil companies’ debts fall gradually in 2025

During today’s Cabinet meeting, chaired by Prime Minister Moustafa Madbouly,...

Businessmen Team 31 Dec 2025

Minister Badawi explained that the report highlighted a significant structural reset in Egypt’s pet...

Agiba Petroleum posts highest daily output

Agiba Petroleum posts highest daily output

The Cabinet’s Media Center announced on Wednesday that Agiba Petroleum...

Businessmen Team 31 Dec 2025

The Media Center stated that the company’s crude oil production reached approximately 32,000 barrel...

Egypt, Pico Petroleum sign $30M deal for Suez Gulf exploration

Egypt, Pico Petroleum sign $30M deal for Suez Gulf exploration

The Egyptian General Petroleum Corporation (EGPC) and Pico Petroleum have...

Businessmen Team 08 Dec 2025

The Cabinet Media Center stated the agreement represents a successful model for partnership with th...

Badawi announces start of initial gas production at West Burullus field

Badawi announces start of initial gas production at West Burullus field

Karim Badawi, Minister of Petroleum and Mineral Resources, announced the...

Businessmen Team 15 Nov 2025

He explained that work is underway to accelerate the connection of two additional wells. He said pr...

El-Sisi reviews strategic plans for petroleum, mining sectors

El-Sisi reviews strategic plans for petroleum, mining sectors

President Abdel Fattah El-Sisi met on Saturday with Prime Minister...

Businessmen Team 15 Nov 2025

Ambassador Mohamed El-Shenawy, official spokesperson for the Presidency, stated that the meeting fo...

Bapetco unveils new gas discovery in Western Desert

Bapetco unveils new gas discovery in Western Desert

The Ministry of Petroleum and Mineral Resources announced on Saturday...

Businessmen Team 08 Nov 2025

The ministry stated that the newly discovered well has been added to the production schedule, produ...

New Zohr Well boosts gas output by 70 mln cubic feet

New Zohr Well boosts gas output by 70 mln cubic feet

Minister of Petroleum and Mineral Resources, Engineer Karim Badawy, announced...

Businessmen Team 29 Oct 2025

Test results from the well indicated the presence of a gas-bearing layer capable of producing about...

Cabinet: Suez Canal achieves successes in 2025, defying challenges

Cabinet: Suez Canal achieves successes in 2025, defying challenges

The Suez Canal has demonstrated resilience and continuous development in...

Businessmen Team 02 Oct 2025

The infographics highlighted the Suez Canal's global standing as a vital artery for international t...

Egypt signs three new oil, gas exploration agreements worth USD 121 million

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...

Discussions to develop Iqat mine for global gold market

Discussions to develop Iqat mine for global gold market

Egypt participated for the first time in the Africa Down...

Businessmen Team 06 Sep 2025

Egypt's participation aimed to promote its new investment climate in the mining sector to attract A...

PM pledges to pay foreign oil company dues

PM pledges to pay foreign oil company dues

Prime Minister Dr. Moustafa Madbouly today, Sunday, reviewed the status...

Businessmen Team 13 Jul 2025

The review took place during a meeting Madbouly held with Engineer Mahmoud Esmat, Minister of Elect...

Aton Resources discovers high-grade gold, silver at Abu Marawat

Aton Resources discovers high-grade gold, silver at Abu Marawat

Aton Resources has announced new and scientifically significant results from...

Businessmen Team 11 Jul 2025

The diamond drilling program began in June 2024 and was successfully completed with 113 holes drill...