Egypt’s energy needs secured for 5 years, foreign partners’ dues halved: PM
Egypt has secured its natural gas and energy requirements for the next five years and cut outstanding payments to…
Browsing Tag
exploration
Egypt reports 49 new oil, gas discoveries in FY 2024/25
Egypt’s petroleum sector made 49 oil and gas discoveries in fiscal 2024/25, signed 11 exploration and production…
Pharaonic Petroleum exceeds output targets in FY 2024/25
Egypt’s Pharaonic Petroleum Company achieved 119 per cent of its approved production plan in fiscal 2024/25, with…
Egypt, SLB discuss tech-driven oil and gas cooperation at Gastech
Egypt’s Petroleum Minister Karim Badawy met executives from SLB (formerly Schlumberger) on the sidelines of the…
Nigeria signs offshore oil deal with TotalEnergies
Nigeria signed a production-sharing contract with TotalEnergies and South Atlantic Petroleum for two offshore…
Egypt oil firm achieves AI-driven discoveries, boosts reserves
Egypt’s General Petroleum Company (GPC) announced that it had re-explored old fields using artificial intelligence…
EGAS inks $340m gas exploration deals with intl. firms
Egypt’s Egyptian Natural Gas Holding Company (EGAS) signed four new agreements with international energy firms to…
Egypt’s upstream oil platform draws $1.2b since 2021
Egypt’s digital oil and gas investment platform has attracted more than $1.2 billion since its 2021 launch, the…
Sisi calls for boosting oil & gas investment to ease import burden
Egyptian President Abdel Fattah El Sisi has stressed the importance of continuing to foster an investment-friendly…
Egypt set to launch 1st oil shale project
Egypt’s New Valley for Mineral Resources and Oil Clay (Wadico), a subsidiary of the Ministry of Petroleum and…