Egypt’s Ministry of Petroleum and Mineral Resources (MoPMR) has launched two international bid rounds offering 14 blocks for oil and natural gas exploration across the country’s upstream areas, according to a statement by Egypt Upstream Gateway (EUG).
The Egyptian General Petroleum Corporation (EGPC) is offering six blocks, with bids closing at 12 p.m. Cairo time on November 11, 2026. The Egyptian Natural Gas Holding Company (EGAS) is offering eight blocks under a separate round closing at 12 p.m. on December 14, 2026.
The rounds aim to attract international investment and expand exploration activity across Egypt’s geological basins, according to the ministry.
Notably, the latest offerings add to Egypt’s efforts to increase upstream activity and bring more exploration areas to market as the country seeks to develop its oil and gas resources.
In March 2026, EGAS Chairman and Executive Managing Director Sayed Selim said the company planned to launch a new bid round covering several areas in the Western Mediterranean.
Selim also said EGAS planned to drill 17 exploratory wells during the upcoming fiscal year and begin the first phase of a seismic survey project in the Eastern Mediterranean during H2 2026.
