16 Hrs
Source:
المصدر
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DNO Expands Egypt Energy
Egyptian Minister of Petroleum and Mineral Resources Karim Badawi discussed with officials from Norwegian company DNO its plans to enter the Egyptian market and expand its investments in the oil and gas sectors during the 2026 ADIPEC conference. The talks come in light of DNO’s agreement to acquire Capricorn Energy, which holds interests in concessions in the Western Desert and operates through Badr El Din Petroleum Company. Discussions covered accelerating well drilling and maintenance, increasing production using the company’s technologies, and taking part in Egypt’s exploration bid rounds, particularly near its existing assets.
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