---
title: "ZAWYA-SNG: Badawi reviews bp’s investment plans, drilling program in Egypt"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/271900127.md"
description: "Minister of Petroleum Karim Badawi reviewed bp Plc's investment plans and drilling program in Egypt during a meeting with bp officials. The program, set to start this year, includes drilling new wells in the Mediterranean Sea, aligning with the ministry's strategy to enhance gas exploration. They discussed investment opportunities in the Western Mediterranean and Red Sea, as well as plans for Arcius, a joint venture between bp and ADNOC. Zaki, bp's Regional President, emphasized the company's commitment to developing Egypt's gas resources."
datetime: "2026-01-08T08:28:23.000Z"
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  - [zh-CN](https://longbridge.com/zh-CN/news/271900127.md)
  - [en](https://longbridge.com/en/news/271900127.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/271900127.md)
---

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# ZAWYA-SNG: Badawi reviews bp’s investment plans, drilling program in Egypt

**Staff Writer**

**Arab Finance:** Minister of Petroleum and Mineral Resources Karim Badawi has reviewed bp Plc's projects and future investment plans in Egypt, according to a bourse statement.

During his meeting with Nader Zaki, bp's Regional President for the MENA region, and Wail Shaheen, Vice President of bp Egypt, Badawi discussed the company’s drilling program in Egypt.

Scheduled to commence this year, the program includes the drilling of new wells within bp’s concessions in the Mediterranean Sea in accordance with the agreement signed in London last September.

Badawi highlighted that the program aligns with the ministry's strategy to maximize gas exploration operations, affirming that the ministry is committed to providing all necessary support to overcome any challenges that may arise during the drilling process.

The minister and the company officials explored the available investment opportunities in the Western Mediterranean and the Red Sea and the possibility of extending bp's portfolio to include new concessions in these areas.

The meeting also addressed plans of Arcius, a joint venture (JV) between bp and the UAE's ADNOC.

For his part, Zaki reaffirmed bp’s commitment to fully leveraging Egypt's promising geological potential and to increase Arcius’ investments in developing Egypt's gas resources in the coming period.

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