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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 […]

Egypt announces new oil & gas discoveries

The Ministry of Petroleum and Mineral Resources of Egypt said that several oil and gas companies operating in Egypt have drilled several wells in their concession areas in the Western Desert, Eastern Desert and the Nile Delta, including five new exploratory wells. In a statement, the ministry said the new wells are expected to add […]