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Country summary: Egypt

energy-pedia opportunities - Egypt:
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Egypt - recent news

09 Apr 25
Egypt: ADES receives notification of extension for three offshore jackups in Egypt
ADES has received notifications of extension for three of its offshore jackup rigs operating in Egypt. The extensions cover three contracted rigs with the General Petroleum Company (GPC): Admarine III, Admarine VI and Admarine V.
17 Mar 25
Energean provides update on strategic sale of Egypt, Italy and Croatia portfolio
Energean has provided an update on the proposed sale of its portfolio in Egypt, Italy and Croatia to an entity controlled by Carlyle International Energy Partners.
13 Mar 25
Egypt: Scatec signs PPA with Egypt Aluminium for major solar + BESS project
Scatec, a leading renewable energy solutions provider, has signed a 25-year USD-denominated corporate Power Purchase Agreement (PPA) with Egypt Aluminium for a 1.1 GW Solar PV + 100 MW/200MWh BESS project in Egypt backed by a sovereign guarantee.
19 Feb 25
Egypt: Pharos Energy enters into MOU with EGPC for the merger of the Egyptian concessions
Pharos Energy has announced that, together with IPR Lake Qarun Company ('IPR'), it has entered into a non-binding MOU with the Egyptian General Petroleum Corporation ('EGPC') in relation to the merger of the El Fayum and North Beni Suef Concession Agreements. The signing of the MOU is a key milestone in the PSC consolidation process.
17 Feb 25
Egypt: bp announces start of production from Raven Second Development Phase, offshore Egypt
bp has announced the start of production from the second development phase of the Raven field, offshore Egypt, which involves the subsea tieback of additional Raven infill wells to its existing onshore infrastructure as part of the West Nile Delta (WND) project.

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