Egypt aims to quadruple gas production at the Obaiyed H-18 well to about 12 million cubic feet per day, up from about 3 million, through multistage hydraulic fracturing, Minister of Petroleum and Mineral Resources Karim Badawi said.

Egypt and the UAE mulled over deepening cooperation in the oil and natural gas sectors, including investment, exploration, and field development.

Minister of Petroleum and Mineral Resources Karim Badawi met with Anant Maheshwari, President of Strategy and CEO of Global Regions at US-based industrial technology company Honeywell, to discuss deploying advanced technologies and digital solutions to modernize Egypt’s refineries, improve operational efficiency, and reduce emissions across the petroleum sector.

Minister of Petroleum and Mineral Resources Karim Badawi met with Girish Saligram, President and CEO of US-based oilfield services company Weatherford International, to explore expanding cooperation on advanced technologies and digital solutions to boost Egypt’s oil and gas production while reducing operating costs.

Norway-based oil and gas company DNO is exploring plans to enter the Egyptian market and invest in exploration and production in the Western Desert, according to a statement outlining talks with Minister of Petroleum and Mineral Resources Karim Badawi.

Egypt and US-based energy company Chevron reviewed positive drilling results from the Mediterranean’s Nargis-2 well and progress toward connecting Cyprus’s Aphrodite gas field to Egyptian infrastructure.

Egyptian oil producer PetroNefertiti has recorded positive test flows of 1,500 barrels of crude oil and 8 million cubic feet of associated gas per day at its Lorcan-6 exploration well in the Eastern Desert, according to a statement by the Ministry of Petroleum and Mineral Resources.

Technical studies by Texas-based oilfield services company National Energy Services Reunited (NESR) have identified promising potential for unconventional oil production in several Western Desert concessions, according to Egypt’s Ministry of Petroleum and Mineral Resources.

Minister of Petroleum and Mineral Resources Karim Badawi held talks with Russian Energy Minister Sergey Tsivilev on strengthening cooperation in the oil, gas, and mining sectors.

Egypt brought 591 new wells into production and recorded 113 discoveries between July 2024 and June 2026, Minister of Petroleum and Mineral Resources Karim Badawi said, outlining efforts to increase domestic oil and gas output and offset natural declines at existing fields.

Eni has begun start-up activities at its Meleiha Phase 2 (MP2) project in Egypt’s Western Desert through its joint venture with the Egyptian General Petroleum Corporation (EGPC), Agiba Petroleum Company.

Egypt is preparing to begin an offshore seismic survey covering approximately 18,000 square kilometers of its Eastern Mediterranean waters within two weeks, Minister of Petroleum and Mineral Resources Karim Badawi said.

Prime Minister Mostafa Madbouly witnessed the signing of a cooperation protocol between the Ministry of Petroleum and Mineral Resources and the Ministry of Investment and Foreign Trade to attract new capital to Egypt’s oil, gas, and mining sectors.

Egypt and Cyprus are seeking to accelerate projects connecting Cypriot gas fields to Egyptian infrastructure, with talks focusing on bringing Cronos into production in 2028, advancing development arrangements for Aphrodite, and implementing a cooperation framework with ExxonMobil and QatarEnergy

Minister of Petroleum and Mineral Resources Karim Badawi met with the Egyptian General Petroleum Corporation’s (EGPC) executive board, led by Chief Executive Officer Salah Abdel-Karim, to review plans to increase domestic production, secure petroleum product supplies, and improve operational efficiency.

The Egyptian Natural Gas Holding Company (EGAS) and US-based energy company Chevron signed an agreement to explore for and develop natural gas and crude oil in the Mediterranean Sea’s Lotus offshore block, with a minimum investment commitment of $88 million, as per a statement.

Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi met with a delegation from Italian energy company Eni to discuss accelerating development of the Denise gas field in the Mediterranean, increasing production, and expanding exploration in Egypt, according to a ministry statement.

Egyptian Minister of Petroleum and Mineral Resources Karim Badawi and Chevron’s President of Base Assets and Emerging Countries Javier La Rosa discussed accelerating the agreements needed to connect Cyprus’s Aphrodite gas field to Egyptian infrastructure.

US liquefied natural gas (LNG) exports to Egypt rose by 236% year on year (YoY) to 86.047 billion cubic feet in June 2026, making the country the largest destination for US LNG during the month, according to data issued by the US Department of Energy (DOE).

The Egyptian General Petroleum Corporation (EGPC) recorded 63 oil and gas discoveries and refined approximately 28 million tons of crude oil during fiscal year (FY) 2025/2026, while meeting the domestic market’s petroleum product needs, as per a statement.