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Country summary: Egypt

energy-pedia opportunities - Egypt:
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Egypt - recent news

03 Nov 25
Egypt: TAG Oil awarded PSA for development of Abu Roash 'F' reservoir in Southeast Ras Qattara Concession
TAG Oil has received approval to enter into a petroleum services agreement ('PSA') by the Egyptian National Petroleum for Exploration and Development Company ('ENPEDCO') for the development of the unconventional Abu Roash 'F'('ARF') reservoir within the Southeast Ras Qattara concession (the 'SERQ Concession') in Egypt’s Western Desert.
27 Oct 25
Egypt: Eni and the Bioenergy Association for Sustainable Development of Egypt sign agreement on Carbon Offset Solutions and Bioenergy Projects
Eni and the Bioenergy Association for Sustainable Development, affiliated with the Ministry of Environment of the Arab Republic of Egypt, signed in Cairo today a cooperation agreement to prepare a comprehensive feasibility study for establishing biogas production units based on the treatment of animal and agricultural waste.
27 Oct 25
Egypt: QatarEnergy acquires new exploration interest offshore Egypt
QatarEnergy has acquired a 40% stake in the North Rafah offshore block, located in the Mediterranean Sea, off the northeastern coast of Egypt, with Eni (the Operator) retaining the remaining 60% interest.
24 Oct 25
Egypt: Capricorn announces trading and payment update
Capricorn has announced that it has received $50m from the Egyptian General Petroleum Corporation (EGPC). Capricorn continues to invest in its Egyptian asset base and has fulfilled all exploration commitments on its legacy acreage.
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.

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