The Egyptian Natural Gas Company (GASCO) received and transmitted approximately 2,300 billion cubic feet (bcf) of natural gas through the national grid during 2025 to meet domestic demand, Mohamed Marzouk, Chairman of...
Karim Badawi, Minister of Petroleum and Mineral Resources, inspected the Valaris DS-12 drilling vessel, which has recently entered Egypt’s territorial waters to begin a five-well natural gas exploration program ...
The Egyptian oil and gas sector has successfully added new wells to the gas production map in both the Mediterranean Sea and the Western Desert. In the Mediterranean, the second well in the West El-Burullus (WEB) offs...
The petroleum sector is fast-tracking the deployment of horizontal drilling and hydraulic fracturing technologies to unlock hard-to-reach oil and gas reserves and drive a significant increase in crude and natural gas ...
Fitch Solutions expects Egypt’s annual natural gas production to increase by 8% Year-on-Year (YoY) in 2026 compared to 2025, to reach 46.6 billion cubic meters (bcm). This growth follows a production decline to 43.1 b...
Türkiye has begun the deployment of its deep-sea drilling vessel, Cagri Bey, to Somalia, marking the country’s first offshore exploration mission beyond its own maritime jurisdiction, according to Reuters. Energy Mini...
Karim Badawi, Minister of Petroleum and Mineral Resources, met with Frank Wetzel, Germany’s State Secretary at the Federal Ministry for Economic Affairs and Energy, to discuss expanding bilateral cooperation acr...
Dana Gas, the Middle East’s leading private natural gas company, has drilled four wells in Egypt throughout 2025 and completed a workover program across three additional wells, boosting the total production of ...
Pharaonic Petroleum Company (PhPC) confirmed plans to fast-track drilling activities to bring a new development well onstream in the fourth quarter (Q4) of 2026 with a production rate of 40 million cubic feet (mmcf/d)...
Karim Badawi, Minister of Petroleum and Mineral Resources, signed a Memorandum of Understanding (MoU) on January 4 with Saad bin Sherida Al-Kaabi, Qatar’s Minister of State for Energy Affairs and CEO of QatarEnergy, t...