– Egypt hosted a workshop presenting 61 investment opportunities in oil and gas exploration, with focus areas including the Mediterranean, Red Seas, Nile Delta, and deserts.

– Minister Karim Badawi highlighted Egypt Upstream Gateway (EUG) and stressed the importance of collective efforts to achieve national development goals and optimize oil and mineral resources.

– Attendees included energy sector leaders and government officials, discussing investment strategies and the potential to establish Egypt as a regional energy hub.

Egypt recently hosted a detailed workshop focusing on investment prospects in research, exploration, and production at the ministry’s headquarters in the New Administrative Capital, according to an official statement.

Karim Badawi, Minister of Petroleum and Mineral Resources, emphasized Egypt Upstream Gateway (EUG), which showcases 42 exploration opportunities spanning the Mediterranean, Red Seas, Nile Delta, and the Eastern and Western Deserts.

Badawi stressed the significance of unified efforts in driving Egypt’s development objectives and fully leveraging its oil and mineral assets.

The platform highlights four untapped discoveries in the Mediterranean and 15 opportunities to rejuvenate brownfields in the Gulf of Suez, the Western Desert, and the Nile Delta.

Leaders from various energy sectors, investment groups, and Egyptian private oil companies were among the attendees.

Badawi expressed optimism about the country’s ability to maximize these resources, positioning Egypt as a regional energy hub while benefiting from the expertise of its skilled workforce.

He also underscored the importance of cooperation among participants to promote opportunities and attract investments that align with government production targets.

EUG Project Manager Mohamed Radwan presented the platform’s offerings, detailing 61 investment opportunities focusing on petroleum and gas extraction.

The portal offers extensive information on each opportunity, including investment criteria and potential returns, with access provided through a dedicated online system.

To further investment facilitation, Badawi announced plans for ongoing meetings and workshops for interested investors, ensuring support teams are available to answer questions and clarify regional agreements.

In his speech, Abou El-Enein praised the initiative as crucial for national energy security and emphasized the need for effective marketing of these opportunities to engage the private sector.

El-Sewedy highlighted the necessity of supporting investments in petroleum to lower import costs and urged continuous dialogue between new and established investors.

The event was attended by notable figures, including Deputy Speaker of the House Mohamed Abou El-Enein, Head of the Energy and Environment Committee Talaat El-Sewedy, and Industry Committee Chairman Mohamed El-Sallab.