upstream | Egypt Oil & Gas
US Urges World Bank to Resume Upstream Oil, Gas Financing
US Treasury Secretary Scott Bessent has called on the World Bank to end its restrictions on financing upstream oil and gas projects and increase support for critical minerals mining, including deep-sea extraction, Reu...
SLB and Baker Hughes Anticipate Production Capacity Expansion to Mitigate Energy Crisis
Leading oilfield services providers SLB and Baker Hughes expect a rise in global spending on oil exploration and production, as supply disruptions linked to the Middle East conflict underscore the need for greater inv...
bp Expects Flat Q4 Upstream Production Amid Revenue Pressure
bp, the British energy major, forecasts its upstream production in the fourth quarter (Q4) of 2025 to be broadly in line with the previous quarter, with stable output in oil production and operations offset by lower ...
Shell Expects Lower Integrated Gas Trading during Q2 2025
Shell’s trading of integrated gas is expected to decline in Q2 2025 compared to Q1 2025, according to its operational results. The Company’s production recorded 927,000 barrels of oil equivalent per day (b...
Egypt, Capricorn Energy Talk Upstream Future Plans
Minister of Petroleum and Mineral Resources, Karim Badawi, met with Randy Neely, CEO of Capricorn Energy PLC, and Eleanor Rowley, the company’s Managing Director in Egypt, in the presence of Salah Abdel Kerim, C...
West Gharib-HNW Block in Gulf of Suez Open for Bidding via EUG
The Egypt Upstream Gateway (EUG) announced an exciting opportunity in the Egypt upstream industry. This comes as the West Gharib-HNW Block in the Gulf of Suez, in GPC, has officially been booked and is now open for bi...
Egypt, Weatherford Tackle Enhancing Upstream Cooperation
Minister of Petroleum and Mineral Resources, Karim Badawi, held talks session with Girish Saligram Chief Executive Officer at Weatherford with the presence of various Ministry’s leaders, for discussing methods o...
Eni, Sonatrach Sign Upstream Agreement
Eni, and Sonatrach have signed an upstream agreement to relaunch exploration and development (E&D) activities in the Berkine basin and to establish an oil and gas development hub through a synergy with existing ML...
