The ministry said the vessel’s deployment is part of a broader program to drill four new gas wells in cooperation with BP and Arcius Energy.
24.03.2026 See news
The initiative is aimed at strengthening exploration and upstream activities in Egypt.
24.03.2026 oedigital
Egypt had accumulated about $6.1 billion in arrears to foreign oil companies by June 30, 2024 due to a prolonged foreign currency shortage.
23.03.2026 Reuters
Salameh explained that a six-month blockade could drive prices to between $150 and $200 per barrel.
23.03.2026 Egypt Independent
In October 2025, EBIOL had secured a $135 million long-term financing package from a consortium of banks including National Bank of Egypt (NBE).
19.03.2026 Zawya
The company also continued interventions, workovers, and optimization activities throughout the fourth quarter of 2025 to enhance production levels.
17.03.2026 Egypt Oil and Gas
The well, operated by Shell, has reached its target depth of 2,115 meters and represents the company’s first exploratory well drilled in Egypt in 2026
17.03.2026 ocean energy resources
The project is a fundamental step toward identifying critical minerals and rare elements needed for various industries.
12.03.2026 Daily News Egypt
he decision came “due to the exceptional circumstances in the international energy markets”.
11.03.2026 Egypt Oil and Gas
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.
10.03.2026 Egypt Oil and Gas
