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Egypt launches 14-block oil and gas bid rounds

Egypt’s Ministry of Petroleum and Mineral Resources has launched two international bid rounds offering 14 onshore and offshore blocks for oil and natural gas exploration as the country seeks to attract upstream investment, the ministry announced on Tuesday.

Egypt and Libya Near $1 Billion Oil Pipeline Deal

Egypt and Libya are reportedly nearing a deal to build an 800-kilometer oil pipeline connecting Tobruk with Alexandria, creating a direct route for growing Libyan crude production to reach Egyptian refineries as the war with Iran disrupts Egypt’s traditional Gulf supplies.

TWMA secures three-year drilling waste management contract extension in Egypt

TWMA has secured a three-year contract extension with a major operator in Egypt, continuing its provision of drilling waste management services as offshore activity expands across the Eastern Mediterranean.  The award extends an existing three-year agreement and marks another milestone for the company, which is celebrating 20 years of operations in Egypt. TWMA said its Egypt […]

Dana Gas identifies new resources in Egypt, plans more drilling

Dana Gas reported encouraging drilling results in Egypt’s Nile Delta while announcing that the Egyptian government has fully settled all overdue receivables and continues to make payments on time, supporting the company’s plans for additional upstream investment.  The company’s latest well identified an estimated 10 Bcf of gas resources, significantly exceeding the original forecast of 3 […]

QatarEnergy, ExxonMobil sign MoU with Egypt for Cyprus gas

QatarEnergy and ExxonMobil have signed an MoU with the Government of Egypt to study the potential development and commercialisation of gas discoveries in Cyprus, QatarEnergy announced on Thursday. Under the terms of the MoU, the parties will explore future growth opportunities that would optimise Egypt’s underutilised gas and LNG production assets, as well as commercial frameworks utilising […]

Oceaneering wins offshore installation contract for Egypt gas project

Oceaneering International has secured an integrated offshore installation contract supporting the West Delta Deep Marine (WDDM) gas field development offshore Egypt for Burullus Gas Company. The company said the award is expected to generate meaningful revenue in 2026. Under the contract, Oceaneering’s Offshore Projects Group will provide transportation, offshore installation and commissioning services for a refurbished […]