Preliminary test results from the well show daily production rates of approximately 26 million cubic feet (mmcf) of natural gas and 2,700 barrels.
25.03.2026
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News by
Egypt Oil and Gas
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
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News by
See news
In this context, Egypt has seen successive increases in gasoline and diesel prices, amounting to three Egyptian pounds per liter.
24.03.2026
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News by
alhurra
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
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News by
Reuters
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
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News by
Zawya
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
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News by
ocean energy resources
The company also continued interventions, workovers, and optimization activities throughout the fourth quarter of 2025 to enhance production levels.
17.03.2026
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News by
Egypt Oil and Gas
Egypt to increase oil and natural gas production as part of a broader strategy to strengthen energy security and reduce reliance on imports.
13.03.2026
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News by
Egypt Business Directory
The project is a fundamental step toward identifying critical minerals and rare elements needed for various industries.
12.03.2026
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News by
Daily News Egypt
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
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News by
Egypt Oil and Gas
The goal is clear: ensure that electricity generation, industrial production, and essential services continue uninterrupted during regional shocks.
06.03.2026
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News by
Egypt Business Directory
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.
03.03.2026
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News by
sada news
Qatar’s Al Mana Holding is investing USD 15.6 mn to build a facility that will convert used cooking oil into biodiesel.
26.02.2026
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News by
Enterprise
