Prime Minister Moustafa Madbouly stressed the strong attention given by the state and its institutions to the petroleum sector, along with ongoing efforts to provide incentives and facilitations aimed at attracting further investment into this vital industry, particularly in exploration and production activities.
His remarks came during an inspection tour on Saturday, June 13, 2026, of natural gas production sites in the West Delta Deep region operated by Rashid Petroleum Company, as part of his visit to Beheira governorate to review a number of development and service projects.
Madbouly highlighted efforts to maximize the use of Egypt’s advanced and integrated energy infrastructure, noting that this aligns with the country’s strategic goal of positioning Egypt as a regional energy hub. Madbouly was received by Minister of Petroleum and Mineral Resources Karim Badawi, senior petroleum sector officials and representatives of international partner companies, including Shell, Malaysia’s Petronas and Kuwait Foreign Petroleum Exploration Company (KUFPEC).
Badawi stated that the West Delta Deep area is one of Egypt’s most important offshore natural gas production regions in the Mediterranean, serving as a successful model of strategic partnership between the Egyptian petroleum sector and international investors.
He added that recent reform measures and investment incentives, coupled with the government’s program to settle arrears owed to foreign partners have helped restore investor confidence and accelerate development and production plans. Badawi noted that during 2024 and 2025, the 10th and 11th phases of development projects were implemented in the region, adding new production capacities that support domestic supply and mitigate natural production declines.
He also pointed to increasing momentum in drilling, development, and exploration activities driven by renewed investor confidence. The Minister emphasized that Egypt’s advanced and integrated infrastructure for gas production and processing represents a unique competitive advantage, enabling reduced development costs and faster connection of discoveries to production networks.
He added that the West Delta Deep area has a strong capacity to integrate new gas volumes within short timeframes. During the visit, Madbouly met representatives of international companies operating in Egypt’s petroleum sector to review their activities and future investment plans.
Shell Egypt CEO and Country Chair Dalia el Gabry presented an overview of the company’s operations, noting that Shell has been active in Egypt for more than 110 years and operates across the energy value chain, including offshore gas production in the West Nile Delta, exploration in the Nile Delta and Herodotus Basin, LNG liquefaction and export via the Idku complex.