These agreements secured investments worth $631 million.

These deals, struck with major international energy firms, reflect growing confidence in Egypt's investment climate, according to the Cabinet's Information and Decision Support Center (IDSC).

In a recent video, published by IDSC on social media, the center highlighted government efforts to boost oil and natural gas production to meet rising domestic demand and support national development.

The initiatives aim to counter the natural decline in reservoir output, a global challenge for non-renewable resources.


The ministry continues to implement water injection projects to maintain pressure in reservoirs, thereby enhancing recovery rates.