Category: Gulf of Suez

Ministry of Petroleum Leads Rescue After Gulf of Suez Marine Barge Capsize

The Ministry of Petroleum and Mineral Resources immediately activated its emergency plan following the incident involving the marine barge Admarine 12, deploying sector rescue teams in the Gulf of Suez and mobilising all maritime and aerial resources, including vessels, rescue equipment, and aircraft, to assist in the rescue of the crew and coordinate with state […]

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EGYPT: EGPC Awards Seven New Exploration and Production Blocks

As part of the Ministry of Petroleum and Mineral Resources – Egypt ‘ plan and strategy to attract new investments in exploration and production, and to support current efforts to … Read More
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Cabinet Greenlights $252mn in Energy Agreements

The Cabinet approved five petroleum concession agreements between the Egyptian General Petroleum Corporation(EGPC), the Egyptian Natural Gas Holding Company (EGAS), and a number of international companies. These agreements cover oil exploration and exploitation in the Northwest El-Maghara in the Western Desert, East El-Hamd and East Gemsa offshore Gulf of Suez, as well as exploration and […]

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KNOC Mulls Expanding Investments in Egypt’s Petroleum Sector

Minister of Petroleum and Mineral Resources Karim Badawi met with Dong Sub Kim, CEO and President of the Korea National Oil Corporation (KNOC), and his accompanying delegation to explore investment opportunities and potential areas of cooperation in Egypt’s petroleum sector. The meeting highlighted KNOC’s keen interest in expanding its investments in Egypt’s oil and gas […]

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