On 22nd September 2025, Eng. Karim Badawi, Minister of Petroleum and Mineral Resources, received Mr. Pascal Breant, Managing Director of TotalEnergies E&P in Egypt and Cyprus, they reviewed ways to enhance joint cooperation, particularly in light of the new investment opportunities launched through the Egypt Upstream Gateway (EUG) for oil and gas exploration in both offshore and onshore areas.
During the meeting, they highlighted regional cooperation in developing gas resources and optimizing the use of existing infrastructure, contributing to Egypt's plans to become a regional energy hub.
Within the framework of the Ministry's strategy to utilize Egypt's oil and gas resources, the Minister asserted the significance of expanding cooperation with TotalEnergies, as well as attracting new investments in offshore and onshore regions in both Egypt and Cyprus, in addition to leveraging Egypt's infrastructure.
For his part, Mr. Breant pointed out TotalEnergies' interest in expanding cooperation with Egypt, highlighting the attractive and stable investment climate in the oil and gas sector.
Eng. Karim Badawi during his Talks with TotalEnergies on Enhancing Cooperation in the Eastern Mediterranean -2
