exploration and production | Egypt Oil & Gas - Part 2
Algeria Launches 2026 Licensing Round Offering Seven Exploration Blocks
Algeria has launched a new oil and natural gas licensing round, offering seven exploration blocks in a bid to bolster hydrocarbon output and attract foreign investment, Reuters reported. The round, branded “Algeria Bi...
El-Sisi Approves 2 Laws for Oil Exploration in North Sinai and Gulf of Suez
President Abdel Fattah El-Sisi has ratified two laws authorizing new petroleum exploration and production agreements in North Sinai offshore and the Gulf of Suez, as published by the Official Gazette and reported by A...
Canada’s TAG Oil Reveals 2026 Drilling Plans in Western Desert
Tag Oil, a Canadian-based international oil and gas exploration company, is preparing to drill a T-200 vertical well in the Badr Oil Field (BED-1) concession located in the Western Desert in 2026, according to its fi...
GUPCO Strikes 2,500 bbl/d in the Gulf of Suez
Gulf of Suez Petroleum Company (GUPCO) has completed the drilling of a new exploratory well, South Wasl BB, in the Gulf of Suez. Well tests yielded production rates of about 2,500 barrels of oil per day(bbl/d) and 3 m... 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’...
GPC to Drill 66 Wells with EGP 8 Bn Investments in FY 2026/27
The General Petroleum Company (GPC) targets drilling 66 wells, including 8 exploratory ones, with total investments of EGP 8 billion during the coming fiscal year, Chairman Mohamed Abdel Mageed told the company̵...
Chevron, HELLENiQ ENERGY Sign Offshore Greece Exploration Leases
Chevron Corporation, the American upstream-focused producer, has signed lease agreements with the Hellenic Republic, paving the way for hydrocarbon exploration in four offshore blocks in Greece, in partnership with HE...
EGPC Eyes Improved Decision-Speed via In-House Digital Solutions
As part of efforts to implement the five-year plan to boost production and enhance exploration activities, the Egyptian General Petroleum Corporation (EGPC) held a forum titled “The Systems We Built,” which showcased ... 
