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Country summary: Egypt

energy-pedia opportunities - Egypt:
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Completed deals: 107

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Egypt - recent news

13 Oct 25
Egypt: Valaris announces contract award with bp for drillship VALARIS DS-12
Valaris has been awarded a five-well contract with bp Exploration Delta Limited for drillship VALARIS DS-12 in Egypt. The contract is expected to commence in the second quarter 2026 and has an estimated duration of 350 days. The estimated total contract value, inclusive of a mobilization fee, is approx. $140 million. The contract also includes three option wells.
05 Oct 25
Egypt: QatarEnergy acquires interest in North Cleopatra exploration block offshore Egypt
QatarEnergy has entered into an agreement with Shell to acquire a 27% participating interest in the North Cleopatra block offshore the Arab Republic of Egypt. Under the terms of the agreement, which is subject to approval by the Egyptian government, Shell will retain a 36% participating interest as operator.
25 Sep 25
The Prime Minister of Egypt Mustafa Kemal Madbouly meets Eni’s Chief Operating Officer Global Natural Resources, Guido Brusco
The Prime Minister of the Arab Republic of Egypt Mustafa Kemal Madbouly met Eni Chief Operating Officer Global Natural Resources, Guido Brusco, to review the company’s ongoing activities and future plans in the Country.
24 Sep 25
Egypt: Pharos Energy receives approval from EGPC's Executive Board for a new consolidated Concession Agreement
Pharos Energy, an independent energy company with assets in Vietnam and Egypt, has received approval from the Executive Board of the Egyptian General Petroleum Corporation ('EGPC') for the consolidation of the El Fayum ('EF') and North Beni Suef ('NBS') Concession Agreements into a new consolidated concession agreement.
19 Sep 25
Egypt: ARGAS pioneers first node-based onshore seismic survey in Egypt with STRYDE
In a ground-breaking move for the Egyptian oil and gas sector, leading exploration services company ARGAS has purchased 30,000 Range+ STRYDE nodes and STRYDE’s Nimble Seismic System, marking the first-ever deployment of nodal technology for onshore seismic acquisition in Egypt.

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