Egypt | Egypt Oil & Gas - Part 7

Renergy Group Plans $1 Bn Hyperscale Green Data Center in Sinai

Renergy Group has expressed interest in setting up a $1 billion hyperscale green data center in the El Tor area, Sinai Governorate. The facility will be integrated into the group’s broader $17 billion hybrid renew ...

Badawi Inspects Natural Gas Grid Preparation to Ensure Stable Supplies

Karim Badawi, Minister of Petroleum and Mineral Resources, conducted an unannounced visit to the National Natural Gas Grid Control Center (NATA) at the Egyptian Natural Gas Company (GASCO) headquarters. The visit ...

EGAS to Launch New bid Round in Western Mediterranean

The Egyptian Natural Gas Holding Company (EGAS) plans to launch new bid round in 2026, offering natural gas exploration licenses across several areas in the Western Mediterranean, according to Chairman and Executi ...

EGAS Follows up On Egypt Gas, Cargas Performance

The Egyptian Natural Gas Holding Company’s (EGAS) Executive Managing Director, Sayed Selim, visited the headquarters of Egypt Gas and the Natural Gas Vehicles Company (Cargas) to monitor work progress and performa ...

Badawi, TotalEnergies Review Egypt-Cyprus Gas Project Updates

Minister of Petroleum and Mineral Resources, Karim Badawi, reviewed the progress of the Egypt-Cyprus gas transport project, which aims to tie Cypriot Cronos gas field to Egypt’s gas liquefaction plants.
This ...

Egypt Launches Emergency Energy Plan Amid Regional Tensions

In light of the rapidly evolving military developments in the region and the subsequent sharp spikes in energy prices and global market fluctuations, the Egyptian government is closely and continuously monitoring ...

Egypt Raises Gasoline, CNG, Butane Prices

The Ministry of Petroleum and Mineral Resources (MoPMR) raised prices of all types of Octane gasoline, Compressed Natural Gas (CNG) for cars, and butane, effective March 10. The decision came "due to the exception ...

Shell Finds Encouraging Gas Signs at Sirius-1X Well

Drilling results from the exploratory well Sirius‑1X, which is located in the North‑East Alameya block in the Mediterranean Sea and operated by Shell, show encouraging preliminary indications after reaching the ta ...

PetroWeb, BAPETCO Bring New Gas Wells Online

The Egyptian oil and gas sector has successfully added new wells to the gas production map in both the Mediterranean Sea and the Western Desert.

In the Mediterranean, the second well in the West El-Burullus ...

Petrobel Increases 2025/26 planned investments to $460 Mn

Belayim Petroleum Company’s (Petrobel) investment plan for the fiscal year (FY) 2025/26 has been increased to approximately $460 million, Tharwat El Gendy, Petrobel’s Chairman, announced in the company's general a ...

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