Egypt’s oil and gas output declined in January 2025, the Middle East Economic Survey (Mees) data showed.

The Egyptian government has paid off $1 billion of its overdue debts to foreign oil companies during the first week of January 2025

The first well in the North Cleopatra and North Marina fields is expected to be put into production during the current fiscal year (FY) 2024/2025.

Minister of Petroleum and Mineral Resources Karim Badawi announced a significant achievement in the Ras Badran field.

bp is set to increase its daily natural gas production in Egypt from the West Raven-4 well in the Mediterranean Sea by around 200 million cubic feet and 8,000 barrels of condensate next October.

The Minister of Petroleum and Mineral Resources Karim Badawi will engage in several meetings this week with foreign partners to discuss strategies for increasing production, especially as of early 2025, Prime Minister Mostafa Madbouly announced in a press conference.

Minister of Petroleum and Mineral Resources Karim Badawi held a video conference with Dalia El-Gabry, CEO of Shell Egypt, to review Shell’s production from concession areas in the Mediterranean Sea.

The Saudi drilling services provider ADES Holding Company is planning to complete the drilling of six production wells within the second half (H2) of 2024 at an oilfield affiliated to Egypt’s General Petroleum Company (GPC) in the Gulf of Suez’s Ras Ghareb region.

Cheiron Petroleum Corporation is considering increasing its daily oil and natural gas production in Egypt by 20% in 2025 to bring it up to 168,000 equivalent barrels.

Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla met with Chief Operating Officer of United Energy Group Song Yu to review the firm's targeted plans to increase production rates of crude oil.

Minister of Petroleum and Mineral Resources Tarek Al-Molla held meetings with several oil production companies' heads to review production programs according to an integrated plan.

Egypt is planning to raise its oil production by 11% in 2023 to reach 650,000 barrels per day from 587,000 barrels per day.