CAIRO - 12 August 2025: Egypt’s Exploration and Production (E&P) Portal has drawn over $1.2 billion in committed investments since its launch in February 2021, Minister of Petroleum and Mineral Resources Karim Badawi announced on Tuesday.
The digital platform, developed in partnership with Schlumberger, provides investors with comprehensive geological data, technical studies, and advanced digital tools, accelerating decision-making for upstream oil and gas projects.
During a meeting on Tuesday with the Portal’s development team, the minister called for continuous updates to the investment map to reflect emerging opportunities and maintain the platform’s dynamism for investors.
The discussions align with the ministry’s strategy to attract domestic and foreign capital to boost production and support sustainable sector growth, while advancing its broader modernization and digital transformation agenda.
The meeting was attended by key industry figures, including Undersecretary for Agreements and Exploration Samir Raslan, South Valley Egyptian Petroleum Holding Company (GANOPE) Vice President and Portal Director Mohamed Radwan, and Schlumberger Geosolutions Business Development Manager Claudio Leone.
According to Mohamed Radwan, Vice President of the South Valley Egyptian Petroleum Holding Company (GANOPE) and Director of the Portal, these investments have resulted in the drilling of 127 wells across 51 exploration blocks.
Badawi stressed that the E&P Portal is a cornerstone of Egypt’s strategy to attract both local and international investors, enhance production, and modernize the petroleum sector. He directed that the platform’s investment map be continuously updated to reflect new exploration opportunities.
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