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bp, Valaris sign drilling contract for 5 new natural gas wells in Egypt’s Mediterranean

Minister of Petroleum and Mineral Resources Karim Badawi witnessed the signing of a drilling contract between bp and Valaris for five new natural gas wells in Egypt’s Mediterranean Sea.

Updated 10/13/2025 10:13:00 AM
EGAS, bp sign MoU to drill 5 new natural gas wells in Mediterranean

The Egyptian Natural Gas Holding Company (EGAS) and bp signed a memorandum of understanding (MoU) to drill five exploratory natural gas wells in the Mediterranean at depths ranging between 300 and 1,500 meters.

Updated 9/9/2025 7:20:00 AM
Egypt partners with Eni's IEOC, bp to expand exploration activities in Mediterranean Sea

The Egyptian General Petroleum Corporation (EGPC) and the Egyptian Natural Gas Holding Company (EGAS) signed a joint deal with IEOC, part of Eni, and bp, to commence exploration activities in the Mediterranean Sea

Updated 7/31/2025 3:04:00 AM
bp intends to expand investments in Egypt’s oil sector

British Petroleum (bp) plans to inject new investments in natural gas development and production activities in Egypt following its recent discoveries in the Mediterranean

Updated 7/17/2025 5:42:00 AM
bp to supply Egypt with 160M cubic feet of natural gas daily in H2 2025

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
bp concludes drilling at El Fayoum-5 gas discovery well

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
bp begins production from Raven field's 2nd development phase in Egypt

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
Arcius Energy explores investment opportunities in Egypt's natural gas sector

Minister of Petroleum and Mineral Resources Karim Badawi met with the Chairman of Arcius Energy Nasser Al-Yafei to discuss the company’s activities in its concessions in Egypt and explore new investment opportunities in the natural gas sector.

Updated 2/10/2025 11:42:00 AM
bp discovers oil, natural gas reserves in Egypt’s King Mariout

British Petroleum (bp) has discovered oil and natural gas reserves in the King Mariout offshore block in Egypt's northern Mediterranean, Egyptian Prime Minister Mostafa Madbouly confirmed during a weekly press conference on February 5th.

Updated 2/6/2025 1:54:00 AM
bp signs deal to restart operations of Egyptian Anode Blocks 

British Petroleum Energia Espana penned an agreement to resume the operations of the Egyptian Anode Blocks Company in the Ain Sokhna Free Zone

Updated 1/27/2025 10:04:00 AM
bp, ADNOC’s XRG complete financial close for Arcius Energy JV

The UK-based bp and XRG, ADNOC’s transformative energy investment company, have reached a financial close and completed the formation of their new joint venture (JV) and international natural gas platform, Arcius Energy.

Updated 12/16/2024 9:32:00 AM
bp eyes further expansion in Egypt with new exploration plans

bp is planning to expand its operations in Egypt, focusing on new oil and natural gas explorations across six concessions.

Updated 12/2/2024 2:11:00 AM
bp to launch 2 exploratory wells in Egypt’s Mediterranean by early 2025

bp Plc will initiate the drilling of two exploratory natural gas wells in Egypt’s West Delta region at the Mediterranean Sea in January 2025.

Updated 11/13/2024 7:57:00 AM
Egypt opens Satis gas field in Mediterranean to international bids

The Egyptian Natural Gas Holding Company (EGAS) has decided to offer the Satis gas field in the northern Mediterranean for development to international oil companies, following bp’s withdrawal from the project.

Updated 11/3/2024 11:25:00 AM
BP eyes accelerating oil exploration, production in Egypt’s Mediterranean

The UK-based bp is targeting accelerating exploration and production in the Mediterranean Sea over the coming period to boost Egypt’s natural gas output.

Updated 10/3/2024 4:06:00 AM
bp targets speeding up oil exploration in Egypt's Mediterranean fields

bp Plc is planning to accelerate exploration, production, and field development in Egypt's Mediterranean concession in the coming months, aiming to gradually increase output levels, according to a statement by the Ministry of Petroleum and Mineral Resources.

Updated 9/15/2024 10:12:00 AM
bp to boost daily natural gas output from Egypt's West Raven-4 in October

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.

Updated 9/3/2024 7:55:00 AM
bp to drill $200M wells in Egypt’s West Raven gas field

UK-based oil and gas firm bp Plc is drilling two natural gas and condensates development wells at its West Raven field, one of the offshore West Nile Delta fields, with investments estimated at $200 million.

Updated 7/21/2024 7:52:00 AM
bp, EMEX awarded contracts for 10 LNG shipments to Egypt

bp and East Mediterranean Energy Exchange (EMEX) have secured contracts to deliver 10 shipments of liquefied gas (LNG) to Egypt following a recent global tender.

Updated 7/2/2024 6:11:00 AM
bp joins consortium to develop green hydrogen project in Egypt

BP has announced its participation in a joint development agreement (JDA) with Masdar, Hassan Allam Utilities, and Infinity Power to explore the creation of a multi-phase green hydrogen (gH2) project in Egypt.

Updated 7/1/2024 12:05:00 PM