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Thursday, December 25, 2025 22:27 GMT
Karim Badawi, Minister of Petroleum and Mineral Resources, inspected drilling operations at the Belayim offshore 133 well in the Gulf of Suez, marking the first drilling activity under Italian energy company Eni’s new investment plan in Egypt. The well is part of an agreement signed between Eni and the Egyptian General Petroleum Corporation (EGPC) in mid-November to inject fresh investments in the company’s concessions across the Gulf of Suez and Nile Delta until 2040. During the visit,...More