Egypt announces new global oil, gas exploration bid in Red Sea
Egypt’s petroleum ministry launched a new international bid round for oil and gas exploration in four Red Sea…
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Egypt’s oil and gas sector
Egypt’s oil sector posts $598.3m net FDI inflow in FY2024/25 – CBE
Egypt’s oil sector achieved a net foreign direct investment (FDI) inflow of $598.3 million during fiscal year…
Egypt’s Sisi order faster payments, investor incentives to boost energy investment
President Abdel Fattah El-Sisi has urged fresh incentives to attract foreign investment into Egypt’s oil and gas…
Egypt awards seven oil, gas blocks to boost exploration, output
Egypt has awarded seven new oil and gas exploration and production blocks as it steps up efforts to attract fresh…
EGAS, ExxonMobil sign preliminary MoU to launch new production sharing model in Egypt
The Egyptian Natural Gas Holding Company (EGAS) and ExxonMobil Egypt signed a memorandum of understanding (MoU) in…
Egypt’s Oil Min. discusses expanding oil, gas investments with Chevron
Egypt's Minister of Petroleum and Mineral Resources, Karim Badawi met with Clay Neff, President of Chevron…
Egypt, Apache discuss major expansion plans
Egyptian Minister of Petroleum and Mineral Resources Karim Badawy met on Monday with Greg McDaniel, Vice President…
Egypt signs 4 MoUs to boost oil, gas production
Egypt’s Ministry of Petroleum signed four crucial memoranda of understanding (MoUs) today to enhance oil and gas…
Egypt sees $9mn oil, gas investments till FY2024-end: minister
Egypt’s Ministry of Petroleum raised its forecast for investments in the oil and gas sector from $8 billion to $9…
Shell to drill oil exploration wells in Egypt by September
Shell is set to start drilling new oil exploration wells in its new concession areas in Egypt’s Mediterranean sea…