exploration | Egypt Oil & Gas
Morocco Plans $1Bn in Oil, Natural Gas Exploration Through 2031
Morocco expects to invest MAD 9.21 Bn ($1 Bn) in oil and natural gas exploration over the next five years through 2031 to assess its hydrocarbon potential and identify commercially viable reserves, potentially reducin...
Canadian Tag Oil Company Provides Updates on Egypt’s Badr Oil Field
TAG Oil, the Canadian oil and gas exploration company, has provided an update on the production testing of its T-200 vertical well at the Badr Oil Field (BED-1) in Egypt’s Western Desert, according to a statement on O...
Türkiye Offers Support for Oil, Gas Exploration in Syria
Türkiye is ready to cooperate with Syria in oil and gas exploration, including seismic surveys and exploration drilling both onshore and offshore, Reuters reported, citing Turkish Energy Minister Alparslan Bayraktar. ...
AngloGold Expands Gold Exploration in Egypt’s Eastern Desert
Denver-based major gold mining firm AngloGold Ashanti expects to resume exploration at its Nugrus and Najd blocks in Egypt’s Eastern Desert in the third quarter (Q3) of 2026 after halting work in March. The comp...
Egypt, Libya Strengthen Ties in Energy Cooperation
Prime Minister Mostafa Madbouly stressed the importance of setting a timeline for cooperation with Libya in natural gas and oil exploration, as well as supporting electricity interconnection between the two countries....
EGPC Reviews JV Exploration Progress and Outlines Five‑Year Plan
The Egyptian General Petroleum Corporation (EGPC) hosted a meeting with several exploration managers from joint venture companies (JVs) to review exploration and appraisal activities and discuss the petroleum sector’s...
Capricorn, Cheiron to invest $208Mn in Consolidated Badr El Din Concession
The Egyptian General Petroleum Corporation (EGPC), Cheiron Petroleum Corporation, and Capricorn Energy PLC.signed on May 19 a new deal to pump at least $208 million in the consolidated Badr El Din concession in the ...
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...
