Egypt News

Drone-Damaged Regasification Vessel Will Resume Operations in Q4

Sep 01, 2026

Egypt expects the Damietta regasification vessel, which was damaged in a drone attack in July, to resume operations in the fourth quarter of the year.The damaged vessel did not impact Egypt's gas market, Petroleum Minister Karim Badawi said…

Eni, BP to Reach Decision on Offshore Egypt Gas Discovery in Coming Months

Aug 25, 2026

Eni is working with BP and Egyptian Petroleum Corporation (EGPC) to reach a final investment decision in the next few months regarding Egypt's recent-discovered gas fieldDenise West, the Italian energy group said on Tuesday.First gas from the offshore gas discovery…

Chevron, EGAS Ink $88M Mediterranean Oil and Gas Exploration Deal

few minutes ago

Chevron and the Egyptian Natural Gas Holding Company (EGAS) have signed an agreement covering at least $88 million of investment in natural gas and crude oil exploration and production in the Lotus offshore area in the Mediterranean Sea.The…

Egypt Approves Oil, Gas Exploration

Jul 22, 2026

Egypt's parliament approved four oil and gas exploration and development agreements on Wednesday, including a North Sinai project involving Franco-British independent producer Perenco.Egypt is looking to bolster domestic energy production that…

Energean Enters Exclusive Talks for BP's Egypt Oil and Gas Assets

Aug 28, 2026

Gas producer Energean is in exclusive talks to buy some of BP's upstream oil and gas assets in Egypt, two people involved in the process told Reuters.The deal, which could raise about $1 billion for BP, includes its stakes in the producing offshore West Nile Delta assets…

PMS Completes Subsea Pipeline Installation at Egypt’s Kamose Gas Field

Aug 28, 2026

Petroleum Marine Services (PMS) has completed the installation of three subsea pipelines for the fourth phase of the Kamose offshore gas field development in Egypt, clearing the way for the installation of three new production platforms.The project…

Energean, Carlyle Eye BP's Egypt Offshore Gas Assets

Jul 29, 2026

Dragon Oil, Carlyle Group, Energean and Artemis Energy are among the groups expected to bid this week for assets in BP's West Nile Delta natural gas development off Egypt, three sources familiar with the sale process said.British oil major BP…

TGS, EGAS Launch Large-Scale Seismic Reimaging Offshore Egypt

Aug 05, 2026

TGS has started a 34,000-kilometre 2D seismic reimaging project offshore Egypt in partnership with the Egyptian Natural Gas Holding Company (EGAS), aiming to improve subsurface imaging and support future exploration activity in the country's Mediterranean waters…

Egypt Confirms Drone Hit Damietta Gas Vessels

Jul 30, 2026

A drone caused the fire that engulfed two gas vessels at Egypt's Mediterranean port of Damietta, the Egyptian cabinet said on Thursday, confirming for the first time that the blaze which erupted a day earlier was the result of an attack rather than an accident…

Eni, TotalEnergies Greenlight Cronos Gas Development off Cyprus

Jul 28, 2026

Eni and TotalEnergies have taken a final investment decision (FID) to develop the Cronos gas field offshore Cyprus, paving the way for the country's first gas project and creating a new liquefied natural gas (LNG) export route to Europe via existing infrastructure in Egypt…

Israel Steps Up Mediterranean Gas Search

Jul 07, 2026

Israel has launched its fifth competitive process to search for more natural gas in the country's economic waters, Energy Minister Eli Cohen said on Monday, seeking to bolster domestic reserves while increasing exports.Israel's gas needs are served by a number of fields off its Mediterranean coast…

Egypt Clears Oil and Gas Sector Arrears

Jun 10, 2026

Egypt's Minister of Petroleum and Mineral Resources said on Wednesday that the full settlement of arrears owed to oil and gas partners marked a turning point for the sector.Badawi added that the achievement, which reduced arrears to zero from about $6…

QatarEnergy, ExxonMobil Explore Cyprus Gas Exports via Egypt’s Infrastructure

May 21, 2026

QatarEnergy has signed a memorandum of understanding (MoU) with the Egyptian government and ExxonMobil to study the potential development and commercialization of gas discoveries in Cyprus through Egypt’s existing gas and LNG export infrastructure…

Sponsored: Global Energy Leaders to Convene at Egypt Energy Show 2026 to Strengthen Partnerships and Shape the Future of Energy Systems

Mar 30, 2026

The 9th edition of Egypt Energy Show 2026 will take place in Cairo from 30 March to 1 April 2026, bringing together Heads of State, ministers, CEOs and global energy leaders at a pivotal moment for the industry.  His Excellency Abdel Fattah El Sisi…

TotalEnergies, EGAS Shake Hands on Oil Exploration off Egypt

May 13, 2026

TotalEnergies and the Egyptian Natural Gas Holding Company (EGAS) have signed a memorandum of understanding (MoU) on exploration activities offshore Egypt.The MoU covers a large area located in offshore north-western Egypt.The agreement establishes…

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