EGAS | Egypt Oil & Gas

Badawi Launches Reshuffle in Financial Affairs Leadership Across the Sector

In a continued effort to enhance performance and inject new expertise, Karim Badawi, Minister of Petroleum and Mineral Resources, issued a new round of transfers among senior financial affairs executives in the pe ...

ExxonMobil Expands Gas Exploration in Egypt with New Concession West of Zohr Field

ExxonMobil has signed a Letter of Intent (LOI) with the Egyptian Natural Gas Holding Company (EGAS) to expand the former's natural gas exploration activities in the Mediterranean Sea, marking a new chapter in the ...

Egypt, Baker Hughes Explore New Tech Cooperation to Boost Output, Cut Emissions

Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi met with Lorenzo Simonelli, Chairman and CEO of Baker Hughes, on the sidelines of the Energy Intelligence Forum 2025 in London to discuss strengthen ...

EGAS Awards 9 Gas Blocks, Adds 1.85 tcf to Reserves in FY 2024/25

The Egyptian Natural Gas Holding Company (EGAS)  awarded nine new natural gas exploration blocks and finalized six new agreements with total investments of approximately $479 million during fiscal year (FY) 2024/2 ...

EGAS, bp to Drill Five Exploratory Gas Wells in the Mediterranean

The Egyptian Natural Gas Holding Company (EGAS) has signed a memorandum of understanding (MoU) with bp for assessing opportunities to implement a drilling program of five exploratory wells at depths ranging from 3 ...

Egypt Signs Four New Oil and Gas Exploration Deals Worth Over $340 M

Within the framework of the Minister of Petroleum's strategy to intensify research and exploration activities and increase production, the Egyptian Natural Gas Holding Company (EGAS) signed four new agreements wit ...

Egypt Leases Energos Winter FSRU for Five Years, Arrives in Damietta Port By August

Egypt has leased the Energos Winter floating, storage, and regasification unit (FSRU) for five years and the unit is expected to arrive at Damietta port by August this year. So far, there are three connected regas ...

EGAS Awards 6 Blocks to International Companies to Boost Exploration

The Egyptian Natural Gas Holding Company (EGAS) has awarded six new blocks to several international companies to maximize exploration investments. The investments injected are estimated at $245 million, and at lea ...

Badawi Receives Egypt’s Second FSRU

Minister of Petroleum and Mineral Resources, Karim Badawi, accompanied by leaders from the Ministry and the Egyptian Natural Gas Holding Company (EGAS), witnessed the arrival of a new Floating Storage and Regasifi ...

Cabinet Greenlights $252mn in Energy Agreements

The Cabinet approved five petroleum concession agreements between the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS), and a number of international companies. These ...

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