Energy, Oil & Gas

Egypt's two new oil wells show promising production results

Egypt’s Ministry of Petroleum and Mineral Resources announced promising production results following the completion of drilling two new wells in the Western Desert, with initial tests showing a combined natural flow of about 1,650 barrels of crude oil and 19 million cubic feet of gas per day....

Energy, Oil & Gas

Petrojet snaps up $273m EPC contract for Oman gas pipeline

Petrojet, a key Egyptian oil and gas EPC (engineering, procurement, construction) contractor with a significant presence in Abu Dhabi, has announced that it has won a EPC contract worth $273 million to build a 193km natural gas pipeline in Oman. ...

Energy, Oil & Gas

Egypt, Qatar's Al Mana Holding ink $200m SAF deal

Egypt signed a contract with Qatar's Al Mana Holding for a first-phase investment of $200 million to produce sustainable aviation fuel from used cooking oil in the Suez Canal Economic Zone at Ain Sokhna. The first phase will have an estimated annual production capacity of 200,000 tonnes....

Energy, Oil & Gas

Dragon Oil announces new well discovery in Egypt

Dragon Oil, a wholly owned subsidiary of the Emirates National Oil Company (ENOC), announced the completion of a major new oil discovery in the Gulf of Suez, Egypt....

Energy, Oil & Gas

Egypt announces new Western Desert gas find with 36 mmcf/d potential

Khalda Petroleum Company has announced a new natural gas discovery in the Western Desert, with an estimated production rate of approximately 36 million cubic feet per day (mmcf/d)....

Energy, Oil & Gas

Egypt inks 55 deals in major push for its offshoring industry

The Egyptian Information Technology Industry Development Agency (ITIDA) has announced the signing of 55 strategic agreements with leading multinational and local technology companies in offshoring and IT-enabled services, including Accenture, Deloitte, RSA and Capgemini. ...

Energy, Oil & Gas

Egypt aims for 42pc clean energy share by 2030

Egypt aims for 42 per cent clean electricity by 2030, focusing on solar, wind, and green hydrogen projects, alongside energy efficiency and infrastructure upgrades. Minister Manal Awad discussed these initiatives at the COP30 Leaders’ Roundtable on Energy Transition in Brazil....

Energy, Oil & Gas

Egypt announces new gas discovery in Western Desert

The Egyptian Ministry of Petroleum announced a new natural gas discovery in the Badr-15 area, yielding 16 million cubic feet per day. This find is expected to add approximately 15 billion cubic feet to reserves from the Lower Bahariya reservoir. ...

Energy, Oil & Gas

Dana Gas reports $103m net profit in 9M 2025

Dana Gas, the Middle East’s largest regional private sector natural gas company, recorded a net profit of AED379 million ($103m) in 9M 2025, compared to AED410 million ($112m) in 9M 2024. ...

Energy, Oil & Gas

Zohr-9 gas well to add 70m cubic feet to Egypt daily output

Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi announced the completion of drilling operations at the Zohr-9 well in the Zohr gas field in the Mediterranean Sea, revealing that the well is expected to produce up to 70 million cubic feet of natural gas per day....

Energy, Oil & Gas

Eni, Egypt's Bioenergy Association ink carbon offset deal

Eni and the Bioenergy Association for Sustainable Development, affiliated with the Ministry of Environment of Egypt, signed in Cairo a cooperation agreement to prepare a comprehensive feasibility study for establishing biogas production units based on the treatment of animal and agricultural waste. ...

Energy, Oil & Gas

QatarEnergy acquires new exploration interest offshore Egypt

QatarEnergy has completed a farm-in transaction with Eni, acquiring a 40 per cent participating interest in the North Rafah exploration block offshore the Arab Republic of Egypt. ...

Energy, Oil & Gas

Apex International Energy completes sale of Egyptian upstream business

Apex International Energy announced the completion of its sale of all shares in Apex International Energy Holdings I, which owns its upstream oil and gas business in Egypt, to United Energy (Mena)....