exploration | Egypt Oil & Gas - Part 2

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.

Cabinet Approves 5 Draft Petroleum Agreements

The Cabinet approved five draft petroleum commitment agreements between the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS), the South Valley Egyptian Petroleum Holdi ...

Halliburton Secures Major Drilling Services Contract Offshore Brazil

Halliburton has secured an integrated drilling services contract for the development and exploration across several offshore fields in Brazil for three years starting in 2025. The deal awarded by Petrobras, entail ...

ExxonMobil, QatarEnergy Explore Natural Gas Offshore Cyprus

ExxonMobil and Qatar Energy have commenced exploratory drilling for natural gas in a prospect named Electra, located west of Cyprus, as announced by Cyprus President Nikos Christodoulides on X. The drilling operat ...

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