PM Meets Italy's Eni Officials to Discuss Energy Investment
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PM meets Italy's Eni officials to discuss energy investment
Prime Minister Mostafa Madbouly held talks on Sunday, May 3, 2026, with executives from Italy’s Eni to discuss current operations and future investments, stressing Egypt’s commitment to a stable and attractive business climate. The meeting came during a visit to the offshore rig “Cairo-2” after it completed drilling the exploratory well “Dennis West 1X” in the Mediterranean off Port Said. Madbouly said that the energy sector is a priority given …
PM inspects drilling rig Al-Qaher-II after major gas find
Egypt is pressing ahead with efforts to boost domestic oil and gas production, expand exploration activity and reduce reliance on imports, Prime Minister Moustafa Madbouli said, following a significant new offshore natural gas discovery in the Mediterranean. During a visit on Sunday to the Egyptian offshore drilling rig Al-Qaher-II, Madbouli stressed that the government was working to localise advanced technology and deploy modern solutions to r…
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