The deals were with Parenco Egypt, Dubai-based Dragon Oil and Apache, for about $46 million, $40.5 million and $35 million respectively.
17.09.2025
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News by
Asharq Al-Awsat
Egypt has signed three exploration agreements worth over $121 million with Parenco Egypt, Dragon Oil and Apache to drill new wells.
16.09.2025
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News by
Oil and gas middle east
The gold, seized in legal cases and refined at the prosecution’s expense, will be added to the Central Bank of Egypt’s (CBE) stockpile.
16.09.2025
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News by
SIS
Energean, through Energean Egypt, maintains and operates a full-cycle production, development, and exploration portfolio.
16.09.2025
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News by
Egypt Oil and Gas
Project management and engineering will begin immediately from Subsea7’s offices in KSA and the United Arab Emirates (UAE).
16.09.2025
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News by
Egypt Oil and Gas
Egypt adds two new Mediterranean natural gas wells to the production map, supporting domestic gas output and reducing the consumption gap.
15.09.2025
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News by
Egypt Today
Egypt's petroleum sector saves $3.5B from import bill by securing sufficient gas supplies to meet domestic demand during summer peak.
14.09.2025
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News by
Egypt Today
Elsewedy Electric signs historic $2.5B investment agreement with Algeria's AAPI for industrial projects and sustainable development.
14.09.2025
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News by
Cairo Scene
PM Madbouly confirms no electricity price hikes are planned; the government focuses on reducing domestic debt to unprecedented low levels.
14.09.2025
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News by
Egypt Independent
Rashwan described Israeli Prime Minister Benjamin Netanyahu’s threats to shelve the multi-billion-dollar gas deal with Egypt as political pressure.
11.09.2025
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News by
Egyptian Streets
Ethiopia has high hopes for its Grand Ethiopian Renaissance Dam, which is expected to double the nation's electricity capacity.
10.09.2025
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News by
dw
A comprehensive package of measures, including investment incentives and the settlement of foreign partners’ receivables is also essential.
10.09.2025
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News by
Egypt Oil and Gas
Egypt, once a regional exporter, has increasingly turned to imports to meet rising domestic gas demand as output declines from aging fields
09.09.2025
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News by
Reuters
Egypt targets a sixfold increase in mining's GDP share, courting global miners with the Arabian-Nubian Shield's underexplored gold and base metals.
08.09.2025
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News by
Nai 500
Egypt and Cyprus accelerate the Kronos gas field link to Egyptian infrastructure, targeting European gas exports by 2027 as a regional hub.
07.09.2025
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News by
Egypt Independent
Egypt slams Israeli threats over gas agreement suspension, with an Egyptian official saying Israel needs the deal more; Egypt has alternatives.
07.09.2025
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News by
Egypt Independent
To enhance its regional role as an energy hub, the country aims to increase the its interconnection networks to 3.9 GW (currently at 780 MW).
04.09.2025
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News by
enerdata
China Energy Engineering Corporation is seeking to invest $1 billion in Egypt over the next five years, according to a statement.
03.09.2025
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News by
Zawya
The company added reserves of about 62.4 million barrels of oil equivalent in a mature area where production had been suspended for many years.
03.09.2025
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News by
SIS
Petromaint intends to broaden its market footprint by expanding its cooperation with international operators in Iraq, particularly Italy’s Eni.
03.09.2025
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News by
Iraqi news
