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Badawi reviews bp's Egypt projects, expansion plans

Minister of Petroleum and Mineral Resources Karim Badawi reviewed the progress of bp’s existing projects and expansion plans in Egypt to boost natural gas exploration and production.

Updated 21m12h
Ganope inks 2 deals at EGYPES 2026 to expand Red Sea oil exploration

South Valley Egyptian Petroleum Holding Company (Ganope) and BP Exploration Company Limited penned a memorandum of understanding (MoU) for the award of Block (6) in the Red Sea

Updated 1m13h
bp to invest $1.5B in Egypt natural gas exploration in FY 2026/27

British company bp plans to inject new investments estimated at $1.5 billion in Egypt's natural gas exploration and development during fiscal year (FY) 2026/2027, Minister of Petroleum and Mineral Resources Karim Badawi announced.

Updated 3/29/2026 8:49:00 AM
Egypt to settle $1.3B IOC arrears by end-June

Egypt is set to settle $1.3 billion in arrears to international oil companies (IOCs) by the end of June 2026, Minister of Petroleum and Mineral Resources Karim Badawi announced.

Updated 3/24/2026 6:15:00 AM
Valaris DS-12 arrives in Egypt for 4-well drilling program with bp, Arcius

Drilling vessel Valaris DS-12 has arrived in Egyptian territorial waters as part of a program aimed at drilling four new wells for bp and Arcius Energy.

Updated 3/24/2026 5:32:00 AM
Egypt reviews bp-Harbour Energy plans for West Nile Delta gas fields

Minister of Petroleum and Mineral Resources Karim Badawi reviewed Harbour Energy’s business in Egypt, particularly in the field of natural gas and condensate production from the Disouq field in the Nile Delta.

Updated 3/8/2026 12:07:00 AM
Badawi reviews bp’s investment plans, drilling program in Egypt

Minister of Petroleum and Mineral Resources Karim Badawi has reviewed bp Plc's projects and future investment plans in Egypt.

Updated 1/8/2026 8:07:00 AM
bp, Valaris sign drilling contract for 5 new natural gas wells in Egypt’s Mediterranean

Minister of Petroleum and Mineral Resources Karim Badawi witnessed the signing of a drilling contract between bp and Valaris for five new natural gas wells in Egypt’s Mediterranean Sea.

Updated 10/13/2025 10:13:00 AM
EGAS, bp sign MoU to drill 5 new natural gas wells in Mediterranean

The Egyptian Natural Gas Holding Company (EGAS) and bp signed a memorandum of understanding (MoU) to drill five exploratory natural gas wells in the Mediterranean at depths ranging between 300 and 1,500 meters.

Updated 9/9/2025 7:20:00 AM
Egypt partners with Eni's IEOC, bp to expand exploration activities in Mediterranean Sea

The Egyptian General Petroleum Corporation (EGPC) and the Egyptian Natural Gas Holding Company (EGAS) signed a joint deal with IEOC, part of Eni, and bp, to commence exploration activities in the Mediterranean Sea

Updated 7/31/2025 3:04:00 AM
bp intends to expand investments in Egypt’s oil sector

British Petroleum (bp) plans to inject new investments in natural gas development and production activities in Egypt following its recent discoveries in the Mediterranean

Updated 7/17/2025 5:42:00 AM
bp to supply Egypt with 160M cubic feet of natural gas daily in H2 2025

bp plans to boost Egypt’s natural gas production by 160 million cubic feet per day from two wells in the King Mariout and Fayoum deepwater concessions in the Mediterranean Sea during the second half of 2025.

Updated 3/13/2025 11:32:00 AM
bp concludes drilling at El Fayoum-5 gas discovery well

British Petroleum (bp) has completed the drilling operations at the El Fayoum-5 gas discovery well in the North Alexandria offshore concession

Updated 3/6/2025 10:52:00 AM
bp begins production from Raven field's 2nd development phase in Egypt

bp has commenced production from the second development phase of the Raven field, part of the West Nile Delta (WND) project in Egypt, with an expected output of 220 billion cubic feet of gas and 7 million barrels of condensate.

Updated 2/16/2025 10:19:00 AM
Arcius Energy explores investment opportunities in Egypt's natural gas sector

Minister of Petroleum and Mineral Resources Karim Badawi met with the Chairman of Arcius Energy Nasser Al-Yafei to discuss the company’s activities in its concessions in Egypt and explore new investment opportunities in the natural gas sector.

Updated 2/10/2025 11:42:00 AM
bp discovers oil, natural gas reserves in Egypt’s King Mariout

British Petroleum (bp) has discovered oil and natural gas reserves in the King Mariout offshore block in Egypt's northern Mediterranean, Egyptian Prime Minister Mostafa Madbouly confirmed during a weekly press conference on February 5th.

Updated 2/6/2025 1:54:00 AM
bp signs deal to restart operations of Egyptian Anode Blocks 

British Petroleum Energia Espana penned an agreement to resume the operations of the Egyptian Anode Blocks Company in the Ain Sokhna Free Zone

Updated 1/27/2025 10:04:00 AM
bp, ADNOC’s XRG complete financial close for Arcius Energy JV

The UK-based bp and XRG, ADNOC’s transformative energy investment company, have reached a financial close and completed the formation of their new joint venture (JV) and international natural gas platform, Arcius Energy.

Updated 12/16/2024 9:32:00 AM
bp eyes further expansion in Egypt with new exploration plans

bp is planning to expand its operations in Egypt, focusing on new oil and natural gas explorations across six concessions.

Updated 12/2/2024 2:11:00 AM
bp to launch 2 exploratory wells in Egypt’s Mediterranean by early 2025

bp Plc will initiate the drilling of two exploratory natural gas wells in Egypt’s West Delta region at the Mediterranean Sea in January 2025.

Updated 11/13/2024 7:57:00 AM