}

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Egypt, ExxonMobil advance plan to link Cyprus gas discoveries to Egyptian infrastructure

Minister of Petroleum and Mineral Resources Karim Badawi met with ExxonMobil executives to discuss the initial steps for implementing a recently signed memorandum of understanding (MoU) with ExxonMobil and QatarEnergy.

Updated 8/9/2026 12:31:00 AM
Eni reaches FID on Cyprus' Cronos gas field, targets 1st shipment via Egypt from 2028

Eni has reached the Final Investment Decision (FID) to develop the Cronos gas field offshore Cyprus, targeting to bring the first Cypriot gas to market in 2028

Updated 7/28/2026 12:20:00 PM
Madbouly lauds $10B Idku plant’s role, expects gas from Cyprus' Cronos in 2028

Prime Minister Mostafa Madbouly has inspected petroleum facilities of Rashid Petroleum Company (Rashpetco) and the Idku Plant, highlighting the importance of Egypt's liquefied natural gas (LNG) infrastructure

Updated 6/14/2026 9:59:00 AM
Petroleum Ministry signs natural gas cooperation MoU with ExxonMobil, QatarEnergy

Prime Minister Mostafa Madbouly witnessed the signing of a memorandum of understanding (MoU) between the Ministry of Petroleum and Mineral Resources, ExxonMobil, and Qatar Energy

Updated 5/20/2026 1:10:00 PM
Cyprus approves Cronos field plan with gas exports to Europe via Egypt targeted for 2028

Cypriot President Nikos Christodoulides has approved the development and production plan for the Cronos gas field, paving the way for the first shipment of natural gas to Europe via Egypt by 2028.

Updated 5/20/2026 7:55:00 AM