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Egypt inks 2 agreements to expand natural gas exploration, production activities

Minister of Petroleum and Mineral Resources Karim Badawi witnessed the signing of two agreements for applying seismic survey and developing the Egypt Upstream Gateway (EUG) activities

Updated 11/5/2025 12:42:00 PM
Arcius Energy expands investment in Egypt via Harmattan gas field

The Egyptian Natural Gas Holding Company (EGAS), Arcius Energy, Shell, and bp signed an agreement for the acquisition of the Harmattan field in the Mediterranean Sea

Updated 11/5/2025 11:07:00 AM
EGAS, ExxonMobil sign deal to expand gas exploration, production in Mediterranean

The Egyptian Natural Gas Holding Company (EGAS) and ExxonMobil signed a letter of intent (LoI) to expand their natural gas exploration and production activities in the Mediterranean.

Updated 11/4/2025 2:01:00 AM
Badawi reviews importance of seismic surveys at EGAS’s assembly meeting for FY2024/25

Minister of Petroleum and Mineral Resources Karim Badawi affirms the importance of seismic surveys, which are a key incentive for attracting companies interested in operating in the oil and gas sector in Egypt

Updated 9/11/2025 1:24:00 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
EGAS signs $340M deals with 4 international companies to boost natural gas exploration

The Egyptian Natural Gas Holding Company (EGAS) signed four agreements to accelerate petroleum and natural gas exploration in the Mediterranean and Delta regions, with total investments of over $340 million.

Updated 8/31/2025 7:44:00 AM
Energean’s FSRU arrives at Jordan’s Aqaba Port

The Energean Force, a floating storage and regasification unit (FSRU), has arrived at the Port of Aqaba in Jordan, according to a statement issued by Egypt's Ministry of Petroleum and Mineral Resources.

Updated 8/3/2025 6:10:00 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
Shell invests in Mina West gas discovery in Egypt's Mediterranean

BG International Limited, an affiliate of Shell plc, has announced a final investment decision (FID) to develop the Mina West gas discovery in Egypt’s Mediterranean Sea

Updated 7/23/2025 11:19:00 AM
Dana Gas highlights development on Balsam-3 well in Egypt within $100M program

Dana Gas has announced the initial results from the Begonia-2 appraisal well and progress of recompletion works at the Balsam-3 well in Egypt’s onshore Nile Delta

Updated 7/23/2025 10:16:00 AM
New Fortress Energy to deploy 2nd FSRU in Egypt

New Fortress Energy Inc. is set to deploy the Energos Winter, a 138,250 cubic meters floating storage and regasification unit (FSRU), in Egypt as early as August 2025

Updated 7/17/2025 9:14:00 AM
EGAS awards 6 natural gas exploration blocks worth $245M

The Egyptian Natural Gas Holding Company (EGAS) has awarded six new exploration blocks to a group of international companies, with expected investments totaling approximately $245 million.

Updated 6/25/2025 11:28:00 AM
Energos Power vessel arrives at Alexandria Seaport

Minister of Petroleum and Mineral Resources Karim Badawi witnessed the arrival of the Energos Power ship from Germany to the Tahya Misr terminal in Alexandria Seaport.

Updated 5/26/2025 9:17:00 AM
Egyptian Cabinet greenlights 5 petroleum projects worth $221.2M

The Egyptian Cabinet has approved five petroleum commitment projects involving the Egyptian Natural Gas Holding Company (EGAS), the Egyptian General Petroleum Corporation (EGPC), and several international companies

Updated 5/15/2025 5:29:00 AM
EGAS, Harbour Energy sign deal to expand operations at Disouq gas field

Minister of Petroleum and Mineral Resources Karim Badawi witnessed the signing of an agreement between the Egyptian Natural Gas Holding Company (EGAS) and Harbour Energy to expand production operations at the Disouq gas field.

Updated 5/14/2025 2:39:00 AM
Egypt Gas records 70.55% YoY profit rise in 2024

Egypt Gas (EGAS) reported a 70.55% year-on-year (YoY) increase in net profits after tax in 2024 to EGP 290.960 million from EGP 170.597 million.

Updated 3/10/2025 9:36:00 AM
Egypt accelerates gas field development to boost production, cut imports

Minister of Petroleum and Mineral Resources Karim Badawi has directed the Egyptian Natural Gas Holding Company (EGAS) to develop an urgent plan to accelerate the development of undeveloped gas discoveries.

Updated 2/27/2025 12:07:00 PM
ExxonMobil participates in EGYPES for 8th consecutive year

ExxonMobil has taken part in EGYPES 2025, held from February 17th to 19th at the Egypt International Exhibition Center, emphasizing its commitment to Egypt's energy future.

Updated 2/19/2025 2:42:00 PM
Shell Egypt kicks off drilling for 3 natural gas wells at WDDM project by end-January

Shell Egypt and its partners are set to begin drilling three new natural gas wells by the end of January as part of its development project for the 11th phase of the West Delta Deep Marine (WDDM) in the Mediterranean Sea.

Updated 1/22/2025 9:19:00 AM
Halliburton explores further investments in Egypt’s petroleum sector

The US oil giant Halliburton intends to increase investments in Egypt in light of the Ministry of Petroleum and Mineral Resources’ recent encouraging measures, new agreements, and incentive policies, the company’s President Eastern Hemisphere Shannon Slocum said.

Updated 12/18/2024 10:02:00 AM