Egyptian Minister for Petroleum and Mineral Resources Karim Badawi received the British Ambassador to Egypt Gareth Bayley and the accompanying delegation, at the Ministry of Petroleum and Mineral Resources’ headquarters in the government district in the New Administrative Capital.
The two sides discussed ways to enhance cooperation between the two countries in the fields of oil, gas, petrochemicals, renewable energy and mining.
During the meeting, Badawi highlighted that there is strategic cooperation between Egypt and Britain in all fields, especially in the fields of oil and gas through British companies that have a large business portfolio in Egypt.
He noted that Britain has modern technologies and expertise that can be used in the fields of research, exploration and production at offshore and onshore areas as well as brownfields in light of the incentive package launched by the ministry during the past period, in addition to the promising opportunities enjoyed by the Egyptian mining sector and the measures taken to create an attractive environment for investment in this vital sector, as well as energy efficiency projects.
Badawi invited the British Ambassador to attend the Egypt Energy Show Conference and Exhibition (EGYPES 2025), scheduled to be held during the period 17-19 February.
For his part, Bayley stated the importance of the fruitful cooperation between the two countries, which resulted in achieving many joint successes during the recent period in many fields, especially the oil and gas sector, noting that there are some British companies wishing to invest in Egypt in the fields of oil, gas, petrochemicals, sustainable aviation fuel, and mining.
At the end of the meeting, the British Ambassador invited the Minister to attend the International Energy Agency (IEA) Summit on the Future of Energy Security on April 24-25, 2025, hosted by the United Kingdom at Lancaster House in London.
Source: https://energynewsafrica.com
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