Egyptian Parliament Ratifies Four Oil, Gas Exploration Deals

• Monday, 3rd August 2026
• by Doaa Ashraf

The Egyptian Parliament approved on July 22 four oil and natural gas exploration and production (E&P) agreements. The concessions include an onshore project in North Sinai involving Perenco, a UK-French independen...

El-Sisi Approves 2 Laws for Oil Exploration in North Sinai and Gulf of Suez

• Thursday, 16th April 2026
• by Fatma Ahmed

President Abdel Fattah El-Sisi has ratified two laws authorizing new petroleum exploration and production agreements in North Sinai offshore and the Gulf of Suez, as published by the Official Gazette and reported by A...

Perenco Extends North Sinai Offshore Concession through 2035

• Wednesday, 1st October 2025
• by Editorial Team

Perenco North Sinai Petroleum, a subsidiary of Egypt Kuwait Holding (EKH), has signed a new agreement with the Ministry of Petroleum and Mineral Resources (MoMPR) to extend its rights over the North Sinai Offshore con...

PERENCO Acquires a 50% Stake in Tunisia’s Ashtart Field

• Thursday, 3rd August 2017
• by Editorial Team

PERENCO closed its purchase of a 50% stake in the Tunisian Ashtart oilfield and a 50% state in the operating company SEREPT from OMV, according to an OMV press release. In 2016, the company’s average net production fr...

A $200-million deal to develop the Mediterranean fields

• Tuesday, 23rd November 2010
• by Egypt Oil & Gas

Perenco, the French independent Oil & Gas Company signed an agreement with the Egyptian General Petroleum Corporation (EGPC) and the Egyptian Natural Gas Holding Company (EGAS) to fund the 2nd phase of the develop...