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Country summary: Egypt

energy-pedia opportunities - Egypt:
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Egypt - recent news

20 May 26
Egypt: Capricorn announces ministerial signing of merged concession agreement
Capricorn Energy has announced that the Minister of Petroleum and Mineral Resources has signed the consolidated and amended concession agreement covering eight of the Company's existing Egyptian Western Desert concession agreements in which it has a 50% participating interest held jointly with Cheiron Oil and Gas (the Operator).
15 May 26
Egypt: TAG Oil provides update on drilling operations at BED-1 and SERQ Concessions
TAG Oil has secured a drilling rig for the upcoming T-200 well at the Badr Oil Field ('BED-1') located in the Western Desert of Egypt. The Company anticipates starting drilling operations by the end of June 2026, subject to receipt of all required regulatory approvals.
13 May 26
Egypt: TotalEnergies and EGAS sign a Cooperation Agreement on offshore exploration
TotalEnergies and the Egyptian Natural Gas Holding Company (EGAS) have signed a Memorandum of Understanding (MoU) on exploration activities. The MoU covers a large area located in the north-western offshore of Egypt.
06 May 26
Egypt: Scatec signs equity partnership agreement for Obelisk in Egypt
Scatec, a leading renewable energy solutions provider, has signed a shareholder agreement with National Bank of Egypt (NBE), the largest commercial bank in Egypt, for an equity partnership in Scatec’s 1.1GW solar and 100MW/200MWh battery storage hybrid project, Obelisk in Egypt.
04 May 26
Egypt: Dana Gas confirms full settlement of overdue receivables from Egypt, with AED 73 million ($20m) payment received
Dana Gas, the Middle East’s largest regional private sector natural gas company, announced it has received an additional payment of $20 million from Egypt, with all overdue receivables now fully settled.

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