Egyptian oil and gas E&P company Agiba Petroleum has made its largest oil and gas discovery in Egypt in 15 years, Egypt’s Ministry of Petroleum and Mineral Resources announced on Thursday.
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 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 […]
TotalEnergies and Egyptian Natural Gas Holding Company have signed a memorandum of understanding (MoU) covering offshore exploration cooperation in northwestern Egypt as the companies continue evaluating deep offshore resource potential in the region.
Egypt agreed to buy the entire output of the Aphrodite gas deposit in Cyprus when the field starts up in about six years, as the North African country looks to ensure long-term supply to meet growing demand.
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 […]
Egypt has announced discoveries at four exploration wells in the Western Desert as the North African country looks to boost oil and gas production and cut dependence on imports.
Egypt’s multibillion-dollar natural gas deal with Israel is “purely commercial” and has no bearing on its support for Palestinian rights, a government spokesman has said.
Israel is expected to approve its $35 billion gas export with Egypt, worth an estimated $35 billion, amid pressure from the Trump administration. Under the deal, Israel will export 130 billion cubic meters of natural gas from the Leviathan gas field to Egypt with partners Chevron Corp. (NYSE:CVX), NewMed Energy (OTCPK:DKDRF)(TASE: NWMD) and Ratio Petroleum Energy (TASE: RTPT) guaranteeing a set price for […]
A new gas discovery in Egypt’s Western Desert has added another timely boost to the country’s strained upstream portfolio. The well, identified as Gomana-1, encountered several gas-bearing intervals based on electric-log data, with early tests indicating output of around 36 million cubic feet per day, according to the Daily News Egypt. The find is now undergoing […]