News / Egypt

ENPPI, PMS Sign Offshore Work Contract for Harmattan Gas Field

The state-owned Engineering for Petroleum and Process Industries  (ENPPI) has signed a contract with the Petroleum Marine Services (PMS) for offshore works and installations for the Harmattan gas field. 
While ENPPI is the operator of the field, PMS, will undertake the execution of the works.PMS is a leading Egyptian offshore construction and services company that operates a fleet of 20 vessels, serving major clients across the Mediterranean Sea, the Red Sea, and the Gulf of Suez.

This agreement comes within the framework of plans to accelerate the development of the Harmattan natural gas field in the Mediterranean Sea. It follows the signing of the Final Investment Decision (FID) between the Egyptian Natural Gas Holding Company (EGAS) and Arcius International to develop the field during the Egypt Energy Show (EGYPES 2026).

MoPMR, Siemens Energy Sign Natural Gas Efficiency MoU

The Egyptian Ministry of Petroleum and Mineral Resources (MoPMR) signed a Memorandum of Understanding (MoU) with Siemens Energy to enhance energy efficiency and accelerate emissions reduction.  

This agreement, signed during the Egypt Energy Show (EGYPES 2026), covers preparing studies for priority projects to improve energy efficiency, such as converting gas turbines to operate under a combined-cycle system, applying combined heat and power (CHP) technologies, upgrading electrical assets, and utilizing flare gases. In addition, the cooperation covers implementing programs for human capacity building and localizing technologies for the repair and maintenance of compressors and turbines.

Khalda Powers Tarik Wells with 22 kV Project to Cut Fuel Consumption

Khalda Petroleum Company has started connecting Tarek wells in the Western Desert to its medium-voltage (22 kilovolts (kV)) grid, a move aimed at enhancing operational efficiency while reducing emissions and reliance on conventional fuels.

The project spans a 67-kilometre (Km) electrical network with a total investment of $11.3 million. It is expected to reduce diesel consumption in crude oil operations by more than 8 million liters annually, equivalent to around $500,000 per month, while cutting carbon emissions by approximately 2,175 tons per year.

Egypt Brings 4 New Wells Online with Total Output of 120 mmscf/d

Egypt’s Ministry of Petroleum and Mineral Resources (MoPMR) has successfully brought four new natural gas wells onstream, with a combined production capacity of around 120 million standard cubic feet per day (mmscf/d), as part of its strategy to reduce gas import costs and enhance domestic production.

AMOC Reports Sales of EGP 20 Bn in H2 2025

Alexandria Mineral Oils Company (AMOC) reported total sales of 808,000 tons, valued at nearly EGP 20 billion in the second half (H2) of 2025, marking a 14.5% growth rate, Chairman Magdy El-Kordy said during the company’s general assembly meeting to approve its financial results. 

El-Kordy presented the company’s key performance indicators, noting that AMOC posted a net profit after tax of  EGP 844 million during the period.

Madbouly Unveils Energy-Saving Measures Amid Global Price Surge

Prime Minister Moustafa Madbouly announced on Saturday, March 28, that Egypt is adopting a set of measures to rationalize energy consumption in response to soaring global prices triggered by the war in the Middle East. The measures include slowing the pace of execution of fuel‑intensive national projects for at least two months, cutting fuel allocations for government vehicles by 30%, and enforcing earlier closing hours for commercial outlets — 9:00 PM on weekdays and 10:00 PM on Thursdays and Fridays. Madbouly emphasized that these steps aim to ease pressure on the domestic energy market while safeguarding economic stability.

Badawi Inspects Valaris DS-12 as bp,Arcius Launch New Mediterranean Drilling Campaign

Karim Badawi, Minister of Petroleum and Mineral Resources, inspected the Valaris DS-12 drilling vessel, which has recently entered Egypt's territorial waters to begin a five-well natural gas exploration program in the Mediterranean for both the British energy giant bp and ARCIUS Energy, the  Joint Venture (JV) between bp and the UAE ADNOC Group.

According to Badawi, the investment commitments by International Oil Companies(IOC) reflect their confidence in the Egyptian investment climate, following a set of strategic reforms, on top of which come the regular payments of dues to IOCs. Last week, Badawi said all the dues will be fully settled by June.

Egypt To Take Centre Stage in Regional Energy Dialogue at EGYPES 2026

The ninth edition of the Egypt International Energy Conference and Exhibition (EGYPES 2026) will commence on March 30, and run until April 1 under the patronage of President Abdel Fattah El-Sisi, bringing together global leaders to shape the future of energy at a time where geopolitical tensions, supply chain infrastructure vulnerabilities and shifting energy alliances are redefining energy security.
Considered the premier energy event in North Africa and the Mediterranean region, EGYPES aims to address this year the industry’s most pressing priorities, from regional stability and investment resilience to digital transformation, decarbonisation and the accelerating shift toward diversified, secure energy systems. 

Apache Makes New Natural Gas Discovery in Egypt

US Apache, in collaboration with the Egyptian General Petroleum Corporation (EGPC), has made a new natural gas discovery in the Western Desert. This achievement follows the drilling of the SKAL-1X exploratory well in the South Kalabsha area.

This comes as part of the ongoing efforts to stimulate investment, boost domestic natural gas production, and reduce the import bill.

ARCIUS Energy, bp Start Offshore Gas Drilling in Mediterranean

ARCIUS Energy and bp are set to begin offshore gas drilling operations in the Mediterranean Sea, following the arrival of the drillship Valaris DS-12 in Egypt to support the development of new exploration wells.

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