Cheiron | Egypt Oil & Gas
Genel Energy Secures Egypt Foothold with $360 Mn Capricorn Takeover
Genel Energy, a British oil and gas exploration and production company, is expanding into Egypt through a $360 million all-cash acquisition of Capricorn Energy, a strategic move aimed at diversifying beyond its disrup...
Cheiron Appoints David Chi as New CEO
Cheiron announced the appointment of David Chi as Chief Executive Officer (CEO), effective April 19, 2026. Chi brings over 25 years of global experience in the oil and gas industry with a strong track record of leader...
Cabinet Greenlights $208 Mn Exploration Agreement for EGPC, Cheiron, Capricorn
The Cabinet approved a petroleum concession agreement for the exploration, development, and exploitation in the Integrated Badr El-Din area in the Western Desert. The agreement involves the Egyptian General Petroleum ...
EGPC Signs $30Mn Oil Exploration, Production Deal with Cheiron
Cheiron has signed with the Egyptian General Petroleum Corporation (EGPC) an agreement for oil exploration and production in the East Gemsa offshore area in the Gulf of Suez. The deal, which covers the drilling of fou...
Egypt Makes Two New Gas Discoveries Onshore Nile Delta, First in 2 years
Egypt witnessed a series of new oil and natural gas discoveries in the Nile Delta, Western Desert, and Eastern Desert, adding over 5,000 barrels per day (bbl/d) of oil and 42 million standard cubic feet of gas per day...
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...
Cheiron Appoints Shamrendra Singh New COO
Cheiron, a leading Egyptian exploration and production (E&P) company, has announced the appointment of Shamrendra Singh as its new Chief Operating Officer (COO). Singh officially assumed the role on April 17th, 20...
Cheiron Makes Oil Discovery at Geisum, Tawila West Concession
Cheiron has announced a new oil discovery in the Geisum and Tawila West concession area in the Gulf of Suez. The operations in the field are managed by the joint venture PetroGulf Egypt, on behalf of the Egyptian Gene...
