- 05 máj. 2026
Minister of Petroleum Witnesses the Signing of HoA with BP and Harbour Energy
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Eng. Karim Badawi , Minister of Petroleum and Mineral Resources, witnessed the signing of Heads of Agreement ( #HoA) between the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS), and international partners: bp and its partner Harbour Energy, to establish the executive framework for developing #oil and #gas reserves in the North King Mariout area and El Arish field in the Mediterranean, contributing to increased production rates.
Following the signing, the Minister emphasized that these steps are part of a collaborative effort with #investment partners to accelerate gas #production projects, in line with the five-year plan to boost production, providing a significant push toward leveraging untapped discoveries.
