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Country summary: Egypt

energy-pedia opportunities - Egypt:
Current deals: 2
Licensing articles: 109
Completed deals: 101

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Egypt - recent news

26 Sep 23
Egypt: Egypt launches gas and oil exploration bidding round
Egypt’s petroleum ministry launched an international bidding round on Monday for exploration in 23 open blocks, with the offer deadline set for Feb. 25 2024.
22 Sep 23
Egypt: KUFPEC enters a new partnership with Shell in Egypt
BG International, subsidiary of Shell, has signed a Farm Out Agreement with KUFPEC (Egypt) KEL, subsidiary of Kuwait Foreign Petroleum Exploration Company (KUFPEC), under which KEL will acquire a 40% stake in Block 3 (NorthEast El-Amriya) in the Egyptian Mediterranean Sea.
18 Sep 23
Capricorn Energy announces date for detailed operational update, buyback timing and commitment to Egypt
Capricorn Energy has announced that the detailed operational update presentation on its Egypt assets will be held in London on 30 November 2023. The update will outline the Company's commitment to its business in Egypt and include the outcome of the recently commissioned new reserves report, an up-to-date assessment of the asset base and the initial outcome of other technical studies that are also underway with its partner, Cheiron.
30 Aug 23
Egypt: SDX signs Heads of Terms for the disposal of its Egyptian assets
SDX Energy has entered into non-binding Heads of Terms with a large multinational operator to divest of all of its Egyptian assets. SDX continues to examine value-accretive opportunities across Moroccan energy infrastructure and the energy transition.
23 Aug 23
Egypt: Neptune Energy commences drilling operations at Yakoot prospect, Egypt
Neptune Energy has announced that drilling operations have begun at its operated Yakoot exploration well, located in the North West El Amal Concession in the southern Gulf of Suez, Egypt. It is the first operated well to be drilled by Neptune in Egypt.

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