Egypt | Egypt Oil & Gas - Part 11
TotalEnergies to Resume Gas Exploration in Egypt, Eyes Western Mediterranean
The French energy major, TotalEnergies, signed a memorandum of understanding (MoU) with the Egyptian Natural Gas Holding Company (EGAS) to cooperate on natural gas exploration in the Western Mediterranean. The agreeme...
Egypt, Norway Agree on Five-Year Energy Cooperation Plan
Egypt and Norway have agreed to work on a five-year strategic cooperation plan covering green energy, carbon reduction, and natural gas exploration. This came during a meeting between Karim Badawi, Minister of Petrole...
McKinsey Eyes Expansion in Egypt’s Oil and Gas Market
Minister of Petroleum and Mineral Resources, Karim Badawi, met a delegation from McKinsey & Company to explore potential avenues of collaboration between Egypt’s oil and gas sector and the global consulting firm. ...
7,000 Egyptian Factories to Power Production with Rooftop Solar
Prime Minister Mostafa Madbouly held a meeting to review a proposal for launching an initiative that would enable factories to generate solar energy on their rooftops and use it in production, as a means to expand rel...
Badawi, Shell, Petronas Discuss WDDM Expansion
Minister of Petroleum and Mineral Resources, Karim Badawi, recently held two high-level meetings with the leadership of the UK-based Shell and Malaysia’s PETRONAS to discuss stepping up exploration and developme...
AngloGold Ashanti Gross Profit from Sukari Mine Jumps 80% in Q1 2026
AngloGold Ashanti’s Sukari mine in Egypt delivered gross profit of $292 million in the first quarter (Q1) of 2026, marking an 80.25 % increase from its level in Q1 2025. Moreover, the total cash cost per ounce of gold...
Egypt Prioritizes Localization of Phosphate Industries Over Raw Exports
The Egyptian government is accelerating a strategic shift toward localizing phosphate-based industries, pivoting away from exporting raw materials in favor of manufacturing high-value fertilizers and chemical products...
Vaalco Energy Expands Egypt Drilling in Q2 2026
Vaalco Energy, the US-based operator, said it began a six‑well drilling program in Egypt in the second quarter of 2026. The campaign was not included in the original budget and will proceed without increasing the comp...
