Oil & Gas News
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Vaalco Drills Four Eastern Desert wells in Q4 2025
The company also continued interventions, workovers, and optimization activities throughout the fourth quarter of 2025 to enhance production levels.
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6 things to know about Egypt’s push to boost oil and gas production
Egypt to increase oil and natural gas production as part of a broader strategy to strengthen energy security and reduce reliance on imports.
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Egypt’s petroleum minister reviews nationwide airborne minerals survey
The project is a fundamental step toward identifying critical minerals and rare elements needed for various industries.
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Egypt raises fuel prices
he decision came “due to the exceptional circumstances in the international energy markets”.
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PetroWeb, BAPETCO Bring New Gas Wells Online
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.
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Egypt is diversifying its energy: these are the options
The goal is clear: ensure that electricity generation, industrial production, and essential services continue uninterrupted during regional shocks.
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Egypt secures strategic fuel reserves until 2028
Egyptian government has moved to reassure both markets and citizens of its long-term energy security.
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Egypt offers Saudi oil transit via SUMED as Hormuz shipping halts
The SUMED pipeline runs from Ain Sokhna on the Red Sea to the Mediterranean coast west of Alexandria.
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Egypt unveils new oil contracts to boost production
he strategy also focuses on using non-traditional drilling methods and the latest production technologies.
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Egypt announces measures to secure supplies after Israeli gas halt
This comes at a time when Israel announced a halt to gas exports to Egypt, following the ramifications of the joint Israeli-American strike on Iran.
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New oil well begins production in Egypt’s Gulf of Suez
Belayim Marine 133 commenced operations at an initial production rate of approximately 1,500 barrels per day.
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Qatar’s Al Mana Holding to invest USD 15.6 mn in biodiesel plant
Qatar’s Al Mana Holding is investing USD 15.6 mn to build a facility that will convert used cooking oil into biodiesel.
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Top 10 African countries with cheapest petrol prices in February 2026
Algeria offers petrol at $0.362, around ₦500 per litre, supported by government subsidies and a strong oil and gas sector.
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Egypt to launch largest Mediterranean gas drilling programme in 2026
Initial production from the field is scheduled to begin by the end of 2026, with expected output reaching approximately 160m cubic feet of gas per day
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Cyprus agrees to foot the entire USD 2 bn bill for the Aphrodite pipeline
Cypriot negotiators had initially been pushing for a 50:50 split, but agreed to cover the costs in exchange for utilizing Egyptian infrastructure.
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ARCIUS Energy Unveils Five-Year Investment Program in Egypt
At the end of 2025, Badawi revealed that Arcius Energy plans to invest $3.7 billion over the next five years.
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Egypt Pushes IOCs to Double Gas Output by 2030
Egypt is pressing international oil companies to sharply increase gas production by 2030, signaling potential contract revisions.
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Egypt targets 100+ new oil and gas wells in 2026
This signals a renewed push to strengthen reserves, attract private capital, and reinforce energy security after a period of production volatility.
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Technip Energies and two Egyptian firms laying the groundwork to set up new player
Enppi and Petrojet, are to execute major projects and export engineering and contracting services.
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Egypt to export 3.2 billion cubic feet of gas to European markets
Ministry of Petroleum and Mineral Resources announced the export of a new shipment of LNG this January to Shell, from the Idku LNG Terminal.