The Egyptian Natural Gas Holding Company (EGAS) plans to issue an international outbidding to explore for crude oil and natural gas in 11 concession areas before June 2018.

Agiba has drilled new explanatory well Rosa N 1X in its Meleiha concession area in Western Desert. The new discovery will increase Egypt's oil reserves, especially after discovering an oil tank on a new layer in Ras El Qatara, that has not been reached before.