exploration | Egypt Oil & Gas - Part 2

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 ...

Cabinet Greenlights $252mn in Energy Agreements

The Cabinet approved five petroleum concession agreements between the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS), and a number of international companies. These ...

EUG Examines Promising Exploration Opportunities in Workshop

The Egypt Upstream Gateway (EUG) organized a specialized workshop to discuss promising exploration opportunities and undeveloped discoveries on the investment map. It reviewed 13 investment opportunities currently ...

Egypt Launches Bid Round for Promising South Fayoum Exploration Block

As part of its ongoing efforts to attract investment in its upstream oil and gas sector, Egypt has announced a new bidding round for the South Fayoum exploration block located in the Western Desert. This initiativ ...

MOL Makes New Oil Discovery in the Western Hungry

MOL announced discovering a new oil field near Somogysámson in Western Hungary.

EGAS Unveils Ambitious Plans for Natural Gas Exploration, Production

During the Egyptian Natural Gas Holding Company's (EGAS) general assembly meeting, Chairman Yassin Mohamed highlighted the company's key achievements and future targets for fiscal year (FY) 2024/25 and FY 2025/26. ...

MoPMR Launches Two Workshops Showcasing Western Desert, Gulf of Suez Exploration Achievements

The Ministry of Petroleum and Mineral Resources (MoPMR), under the sponsorship of its Undersecretary for Exploration Samir Raslan, organized two workshops to share exploration success stories in the Western Desert ...

ADES to Boost E&P Activities During Coming Period

Minister of Petroleum and Mineral Resources, Karim Badawi, met with ADES CEO, Mohamed Farouk, and ADEs Egypt Country Manager, Ahmed Mohy, to discuss the company’s exploration and production (E&P) work.

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