Capricorn Energy | Egypt Oil & Gas
Egypt Oil Assets at Center of Genel-DNO Bidding War
Competition for a foothold in Egypt’s oil sector has escalated after Genel Energy raised its cash offer for Capricorn Energy to $436 million, surpassing Norwegian rival DNO and regaining Capricorn’s board support. Und...
Capricorn’s Egypt Assets Record 300 % increase in H1 2026 profits
Capricorn Energy’s Egyptian operations reported a 300% year‑on‑year increase in the first half of 2026, with profits rising to $36 million on $100 million in revenue. Overall, the company also swung to a $24.1 million...
Capricorn, Cheiron to invest $208Mn in Consolidated Badr El Din Concession
The Egyptian General Petroleum Corporation (EGPC), Cheiron Petroleum Corporation, and Capricorn Energy PLC.signed on May 19 a new deal to pump at least $208 million in the consolidated Badr El Din concession in the ...
Bapetco Drills 15 Wells in H1 of FY2025/26, Plans Two More in May
Badr El-Din Petroleum Company (Bapetco) drilled 15 new wells using nine rigs in the first half (H1) of Fiscal Year (FY) 2025/2026. This resulted in production of an average of 49,000 barrels of oil equivalent per day ... Capricorn Energy Output Hits 20,000 boe/d in 2025
UK-listed Capricorn Energy PLC reported 2025 production in Egypt of 20,024 barrels of oil equivalent per day (boe/d), exceeding the midpoint of its 17,000–21,000 boe/d guidance. By year’s end, the company’...
BAPTECO Produces 53,000 BOE/D, Drills 18 New Wells in Fiscal Year 2024/2025
Badr El Din Petroleum (BAPTECO) has produced an average of 53,000 barrels of oil equivalent per day (boe/d) this year, drilled 18 wells and carried out 79 well workover and recompletion operations with total investmen...
Egypt, Capricorn Energy Talk Upstream Future Plans
Minister of Petroleum and Mineral Resources, Karim Badawi, met with Randy Neely, CEO of Capricorn Energy PLC, and Eleanor Rowley, the company’s Managing Director in Egypt, in the presence of Salah Abdel Kerim, C...
Badawi Meets with Capricorn Energy Officials to Explore Future Investments
Minister of Petroleum and Mineral Resources, Karim Badawi, held a meeting with officials from the UK’s Capricorn Energy Company. The Capricorn delegation included Randy Neely, CEO Capricorn Energy PLC; Geoff Probert, ...
