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.
The first agreement, under Law No. 81 of 202 ...

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 to extend its rights over the North Sinai Offshore concess ...

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.

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 developmen ...