}

Tags Result

Energean to invest up to $150M in Egypt over 4 years under unified concession plan

UK-based Energean plc plans to invest up to $150 million in Egypt over the next four years as it moves to combine its Abu Qir, North El Amriya (NEA), and North Idku (NI) concessions under a single framework.

Updated 53m6h
Shell-led group takes final investment decision on Egypt WDDM Phase 12a

BG Delta Limited, a subsidiary of British energy company Shell plc, and its partners have reached a final investment decision (FID) on the Phase 12a development project in Egypt’s offshore West Delta Deep Marine (WDDM) concession.

Updated 8/25/2026 11:38:00 AM
Egypt to host MOC 2026 in October to promote oil, gas investment

Minister of Petroleum and Mineral Resources Karim Badawi held a meeting with the organizing and technical committees of the Mediterranean Offshore Conference & Exhibition (MOC 2026) to review the latest preparations for the event, which will be held in Alexandria from October 20 to 22, 2026.

Updated 8/13/2026 8:32:00 AM
Petroleum leaders map out 5-year plan to boost oil, gas production in Egypt

Egypt is accelerating efforts to boost crude oil and natural gas production as well as scaling exploration activities, Petroleum and Mineral Resources Minister Karim Badawi said during an extensive meeting with international and Egyptian oil companies.

Updated 8/12/2026 3:15:00 PM
Egypt targets 20% rise in oil, gas exploration activity in 2026

Minister of Petroleum and Mineral Resources Karim Badawi held an expanded meeting to review key performance indicators across the exploration, production, and refining sectors

Updated 8/11/2026 1:14:00 PM
Badawi reviews EGPC's future projects, strategy to boost oil production

Minister of Petroleum and Mineral Resources Karim Badawi held a meeting with the leadership of the Egyptian General Petroleum Corporation (EGPC) to review its performance and future development plans.

Updated 6/30/2026 6:39:00 AM
EGAS, Harbour Energy sign agreement to expand gas exploration in Desouq

Egyptian Natural Gas Holding Company (EGAS) and London-listed independent oil and gas company Harbour Energy have inked an agreement to expand exploration activities in the onshore Desouq concession in the Nile Delta.

Updated 6/21/2026 2:42:00 AM
Egypt's crude oil output tops 540,000 bpd after EGPC efforts

The Egyptian General Petroleum Corporation (EGPC) has been exerting efforts that contributed to increasing crude oil production after a period of decline, bringing Egypt's total production to more than 540,000 barrels per day (bpd), Minister of Petroleum and Mineral Resources Karim Badawi said.

Updated 6/17/2026 12:36:00 PM
EGPC, Cheiron, Capricorn sign $208M deal to boost Badr El Din concession's output

The Egyptian General Petroleum Corporation (EGPC), Cheiron Petroleum Corporation, and Capricorn Energy signed a new agreement for the Badr El Din concession in the Western Desert.

Updated 5/20/2026 1:14:00 AM
Egypt, ITFC sign $1.5B annual program for 2026 to bolster food, energy security

Egypt and the International Islamic Trade Finance Corporation (ITFC) signed the Annual Work Program for 2026 at a value of a $1.5 billion, extending their successful development partnership.

Updated 5/14/2026 7:14:00 AM
EGPC signs MoU with Sonatrach to purchase Algerian crude oil

The Egyptian General Petroleum Corporation (EGPC) signed a memorandum of understanding (MoU) with the Algeria’s oil and gas company Sonatrach to purchase Algerian crude oil

Updated 5/6/2026 8:01:00 AM
Eni unlocks 2 Tcf natural gas discovery offshore Egypt

Eni has announced a significant gas and condensate discovery in Egypt after successfully drilling the Denise W-1 exploration well in the Temsah Concession, located offshore in the Eastern Mediterranean.

Updated 4/7/2026 12:20:00 PM
GUPCO boosts output to 67,000 bopd after new Gulf of Suez discovery

The Gulf of Suez Petroleum Company (GUPCO) drilled a new exploratory well in the South Al Wasl area of the Gulf of Suez.

Updated 4/7/2026 11:31:00 AM
EGPC, Eni to renew North Port Said concession commitment

The Egyptian General Petroleum Corporation (EGPC) and Eni have signed a memorandum of intent to renew the commitment to the North Port Said concession, as per a statement issued by the Egyptian Ministry of Petroleum and Mineral Resources.

Updated 4/5/2026 6:32:00 AM
UAE’s Dragon Oil eyes injecting $3B investments in Egypt

Dragon Oil plans to invest at least $3 billion in Egypt over the coming years.

Updated 4/1/2026 5:03:00 AM
Badawi reviews United Energy's Western Desert operations, green energy cooperation

Minister of Petroleum and Mineral Resources Karim Badawi held talks with United Energy Group CEO Song Yu to review the company’s oil and gas activities in Egypt’s Western Desert.

Updated 3/31/2026 10:23:00 AM
Egypt, Italy’s Eni sign MoU to support New Heliopolis Hospital development

The Egyptian General Petroleum Corporation (EGPC), the General Authority for Health Insurance, and the Italian company Eni signed a memorandum of understanding (MoU) to support the development of New Heliopolis Hospital

Updated 3/31/2026 1:42:00 AM
Egypt turns to Libya for oil imports as Strait of Hormuz closure halts Kuwaiti supplies

Egypt is set to import at least 1 million barrels per month of Libyan oil due to a halt in Kuwaiti crude supplies caused by the effective closure of the Strait of Hormuz.

Updated 3/30/2026 2:25:00 AM
Petroleum Ministry confirms butane availability, denies shortages

The Ministry of Petroleum and Mineral Resources confirmed the availability of sufficient quantities of butane gas cylinders in the local market.

Updated 3/9/2026 7:58:00 AM
Petroleum Ministry announces new oil, gas discoveries

Khalda Petroleum Company, Disouq Petroleum Company, and the General Petroleum Company (GPC) have drilled a number of wells in their concessions in the Western Desert, the Eastern Desert, and the Delta, including five new exploratory wells, the Ministry of Petroleum and Mineral Resources announced.

Updated 1/18/2026 7:12:00 AM