Oil & Gas News

GUPCO will complete the development of the discovery by drilling two additional wells, which will contribute to adding over 5,000 barrels.
30.01.2025 | News by Egypt Oil and Gas

The petroleum ministry anticipates that production volumes may exceed this estimate.
30.01.2025 | News by Ahram Online

The Italian firm classifies the field as a supergiant, containing 480 million barrels of oil equivalent (mmboe).
30.01.2025 | News by offshore energy

Egypt now ranks amongst the top 10 African countries with the largest proven crude oil reserves in 2025, according to the ‘Business Africa‘ platform.
29.01.2025 | News by Egypt Independent

Minister of Petroleum and Mineral Resources Karim Badawi held a meeting with Cypriot Minister of Energy George Papanastasiou.
28.01.2025 | News by Egypt Oil and Gas

By boosting gas supplies to Egypt’s home market, Cairo can return its focus to developing an LNG export hub.
28.01.2025 | News by JPT

Claudio Descalzi, CEO of the Italian energy company Eni, announced that the drilling rig for the Zohr gas field is expected to arrive in Egypt.
27.01.2025 | News by Ahram Online

As part of the agreement, BP will invest $20 million in maintenance and achieving maximum production capacity.
27.01.2025 | News by Egypt Today

This came on Saturday 25/1/2025 during Christodoulides’ meeting with Badawy, who is on a current visit to Nicosia.
27.01.2025 | News by Egypt Independent

The sector stands at a pivotal moment where strategic decisions will determine Egypt's role as a regional energy powerhouse in the coming years.
Papers by Egypt Business Directory

Production rates have risen to 1.4 million barrels of oil equivalent per day (mmboe/d) through the drilling of 105 new wells.
21.01.2025 | News by Egypt Oil and Gas

Over the past six months, 105 new oil wells have been drilled, adding 64,000 barrels per day to production, Madbouly added.
20.01.2025 | News by Egypt Today

With energy demand rising and domestic production declining, the project reflects Egypt’s evolving strategy to secure its energy future.
Papers by Egypt Business Directory

Exxon announced its entry into the North Marakia block in 2019 and sold a 40% stake to QatarEnergy in 2022. 
16.01.2025 | News by Egypt Oil and Gas

Egypt and Italian energy company Eni are discussing establishing a new liquefied natural gas (LNG) import terminal in Damietta on the Mediterranean.
16.01.2025 | News by Ahram Online

The plan aims to increase the company’s daily production rate, which currently stands at about 10,500 barrels per day (b/d) of crude oil.
14.01.2025 | News by Egypt Oil and Gas

In July 2024, Minister of Petroleum and Mineral Resources Karim Badawi visited Volaris DS12 to oversee the drilling activities
13.01.2025 | News by Egypt Oil and Gas

He highlighted aspects of joint cooperation between the three countries in the domain of renewable energy, adding that several renewable energy.
12.01.2025 | News by Egyptian Gazette

According to informed sources, the Egyptian government is heading towards paying one billion dollars in dues of foreign oil companies this January.
09.01.2025 | News by Egypt Independent

Eni begins work to boost production from the giant Zohr offshore gas field, according to Egypt's petroleum ministry.
05.01.2025 | News by natural gas world