exploration | Egypt Oil & Gas

Chevron, Helleniq Energy Near Gas Deal Offshore Greece

Chevron, one of the world's largest integrated energy companies, along with the Greek partner Helleniq Energy are about to conclude a deal for offshore hydrocarbon exploration before the end of the year, Reuters r ...

Sawiris, Petroleum Minister Discuss Boosting Gold Exploration

Minister of Petroleum and Mineral Resources Karim Badawi held a meeting with Naguib Sawiris, Chairman of In2metals Holding Company and Orascom Investment Holding, to discuss means of boosting cooperation in the mi ...

Egypt Launches $117mn OBN Seismic Survey Project in Eastern Mediterranean

Egypt plans to carry out an ocean bottom node (OBN) seismic survey project in the Eastern Mediterranean, covering an area of 95,000 square kilometers using the latest global technologies in seismic surveying and e ...

TotalEnergies, SAPETRO Sign PSC for Nigerian Offshore Blocks

TotalEnergies has signed a Production Sharing Contract (PSC) with South Atlantic Petroleum (SAPETRO) for two offshore exploration licenses in Nigeria. Under the deal, TotalEnergies will operate the licenses with a ...

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 ...

Badawi Talks Boosting Exploration in Meeting with PM

In a meeting with Mostafa Madbouly, Egypt’s Prime Minster, Karim Badawi, Minister of Petroleum and Mineral Resource, reviewed the expansion plans for various exploration and discovery activities, as well as the ef ...

Egypt signs New Gas Exploration deals with Eni and bp

The Egyptian General Petroleum Corporation (EGPC); and the Egyptian Natural Gas Holding Company (EGAS) signed a new incentive-based agreement with Italy’s Eni—represented by its Egyptian subsidiary, the Internati ...

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 ...

Five Blocks Awarded to Major Oil Companies through “Algeria Bid Round 2024”

Algeria’s National Agency for the Valorisation of Hydrocarbon Resources (ALNAFT) has awarded exploration licenses of five regions, out of six, to leading oil companies through the “Algeria Bid Round 2024” competit ...

Four Companies Win Egypt Bid Round for Glass, Kaolin Sand Exploration

Mineral Resources Bid Round No. 1 for 2024 concluded with positive results, attracting participation from 20 mining companies and 19 private-sector firms bidding to explore glass sand and kaolin deposits in the Ea ...

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