bp plans to boost Egypt’s natural gas production by 160 million cubic feet per day from two wells in the King Mariout and Fayoum deepwater concessions in the Mediterranean Sea during the second half of 2025.
Updated 3/13/2025 11:32:00 AM
Shell, in partnership with Petronas, plans to invest around $300 million in drilling operations within the West Delta Deep Offshore Concession as part of Phase 11.
Updated 3/13/2025 9:05:00 AM
British Petroleum (bp) has completed the drilling operations at the El Fayoum-5 gas discovery well in the North Alexandria offshore concession
Updated 3/6/2025 10:52:00 AM
Minister of Petroleum and Mineral Resources Karim Badawi has directed the Egyptian Natural Gas Holding Company (EGAS) to develop an urgent plan to accelerate the development of undeveloped gas discoveries.
Updated 2/27/2025 12:07:00 PM
Bid rounds for 13 oil and gas exploration and production areas across different geological basins have been concluded, drawing expected investments exceeding $700 million.
Updated 2/26/2025 10:59:00 AM
Egypt has signed two agreements worth $13.5 million to boost crude oil production at the Western Desert.
Updated 2/19/2025 1:13:00 AM
Eni, the Italian energy company, plans to start producing 100 million cubic feet of natural gas per day from the Nour concession area in the eastern Mediterranean by mid-2026.
Updated 2/17/2025 10:50:00 AM
Dana Gas, a UAE-based energy company, is set to resume its drilling activity in Egypt starting March, following the receipt of overdue payments from the Egyptian General Petroleum Corporation (EGPC).
Updated 2/16/2025 11:37:00 AM
bp has commenced production from the second development phase of the Raven field, part of the West Nile Delta (WND) project in Egypt, with an expected output of 220 billion cubic feet of gas and 7 million barrels of condensate.
Updated 2/16/2025 10:19:00 AM
The US company Apache will launch an intensive drilling program in Egypt’s Western Desert in March, aiming to add 80 million cubic feet of natural gas per day to its production with investments exceeding $60 million.
Updated 2/11/2025 8:12:00 AM
Egypt estimates the initial reserves of bp’s newly announced natural gas discovery in the King Mariout concession in the northern Mediterranean Sea at 3 to 4 trillion cubic feet.
Updated 2/9/2025 4:17:00 AM
US energy company ExxonMobil will start drilling two exploratory natural gas wells at the Cairo and Misri concessions in Egypt’s Mediterranean Sea during the first quarter (Q1) of 2026.
Updated 2/5/2025 9:53:00 AM
Shell Egypt and its partners are set to begin drilling three new natural gas wells by the end of January as part of its development project for the 11th phase of the West Delta Deep Marine (WDDM) in the Mediterranean Sea.
Updated 1/22/2025 9:19:00 AM
The General Petroleum Co (GPC) is planning to drill 41 new wells in the Eastern and Western Deserts and the Gulf of Suez to explore and produce oil and natural gas.
Updated 1/20/2025 1:30:00 AM
ExxonMobil Corporation has made a new natural gas discovery in Egypt after completing the drilling of an exploration well in the Mediterranean Sea.
Updated 1/15/2025 9:37:00 AM
bp p.l.c has concluded the drilling works for the two additional wells at the Raven gas field in the Mediterranean Sea, the Ministry of Petroleum and Mineral Resources announced.
Updated 1/12/2025 2:55:00 AM
The Italian energy company Eni has delayed the production of 220 million cubic feet of gas per day from Egypt's Zohr field until May 2025, instead of the previously scheduled January.
Updated 12/30/2024 8:03:00 AM
ExxonMobil is set to commence offshore gas drilling in the North Marakia concession in Egypt’s western Mediterranean on December 15th.
Updated 12/5/2024 3:03:00 AM
Halliburton, the American oilfield services company, is preparing three deep-water wells in Egypt to enter into production during the first half (H1) of 2025.
Updated 12/4/2024 8:40:00 AM
The Egyptian Natural Gas Holding Company (EGAS) is offering the development of the Salamat natural gas field to international oil companies after reclaiming the field from global energy giant bp last year.
Updated 12/3/2024 12:20:00 PM