Egypt Oil & Gas

Egypt Oil & Gas Egypt Oil & Gas is the only Egypt-based and focused oil and gas information provider.
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Egypt Oil & Gas is the leading information provider for the Egyptian petroleum industry, offering a monthly publication, daily updates, concession maps, industry and analysis reports; in addition to major industry events.

The Ministry of Petroleum and Mineral Resources - Egypt has opened bidding for the NE Esh El Mallaha Block in the Gulf o...
03/06/2026

The Ministry of Petroleum and Mineral Resources - Egypt has opened bidding for the NE Esh El Mallaha Block in the Gulf of Suez region, starting June 3 and up to August 3, through the Egypt Upstream Gateway (EUG) under its Open Blocks Licensing Program (OBLP). The program offers 49 blocks throughout the year to ensure continuous access to investment opportunities, EUG said in a statement.

Read more : https://egyptoil-gas.com/news/egypt-opens-ne-esh-el-mallaha-block-for-bidding-via-eug/

The Egyptian General Petroleum Corporation (EGPC) has launched an initiative to develop the environmental performance ac...
03/06/2026

The Egyptian General Petroleum Corporation (EGPC) has launched an initiative to develop the environmental performance across its affiliated companies.

The EGPC Green Oilfield initiative aims to transition companies from basic environmental compliance to a mature risk-management system while enhancing site readiness to meet regulatory requirements, according to an EGPC statement

Read more :

https://egyptoil-gas.com/news/green-oilfield-egpcs-new-initiative-to-raise-environmental-performance/


Egypt's liquefied natural gas (LNG) imports from the US declined to approximately 300,000 metric tons (mt) in May, nearl...
03/06/2026

Egypt's liquefied natural gas (LNG) imports from the US declined to approximately 300,000 metric tons (mt) in May, nearly half its typical monthly intake of around 600,000 mt, Reuters reported, citing maintenance work at major US ports.

Read more : https://egyptoil-gas.com/news/egypts-us-lng-imports-halve-in-may/

The global energy transition has entered a pragmatic new phase defined by economic constraints and geopolitical realitie...
03/06/2026

The global energy transition has entered a pragmatic new phase defined by economic constraints and geopolitical realities, moving past the early years of idealistic net-zero ambitions. Facing high inflation, elevated interest rates, and soaring production costs, clean alternatives like green hydrogen have hit a severe bankability crisis, leaving 99% of announced projects stuck in the concept stage. Concurrently, rising international tensions have forced governments to prioritize energy security through natural gas over strictly renewable power generation. This shift has led energy giants and developing nations alike to scale back high-risk green experiments and embrace a multi-speed transition.

Read the full analysis in our latest issue to explore how economics, geopolitics, and technology are reshaping the path to net-zero: https://egyptoil-gas.com/features/the-great-recalibration-hydrogens-role-in-the-age-of-energy-addition/

In today's complex energy landscape, digital transformation has evolved from a corporate luxury into a matter of nationa...
03/06/2026

In today's complex energy landscape, digital transformation has evolved from a corporate luxury into a matter of national security and economic resilience.
Egypt Oil & Gas sat down with Khaled Salah, Vice President of Africa at AVEVA, to discuss how the global industrial software leader is leveraging its new regional hub in Cairo to transform operations across the continent and the broader EMEA region.

Read the full interview to explore how AVEVA is bridging the gap between talent, technology, and decarbonization: https://egyptoil-gas.com/features/from-cairo-to-emea-aveva-champions-industrial-intelligence-as-a-service/

Karim Badawi, Minister of Petroleum and Mineral Resources, participated in the first meeting of the Developing Eight (D‑...
02/06/2026

Karim Badawi, Minister of Petroleum and Mineral Resources, participated in the first meeting of the Developing Eight (D‑8) Organization for Economic Cooperation, which includes Egypt, Türkiye, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Bangladesh. The meeting aimed at securing energy supplies and expanding joint infrastructure, according to a statement by the Ministry of Petroleum and Mineral Resources (MoPMR).

Maridive and Oil Services Company reported a 171% increase in net profit after tax in 2025 compared to 2024, to reach ...
02/06/2026

Maridive and Oil Services Company reported a 171% increase in net profit after tax in 2025 compared to 2024, to reach $59.3 million. Revenues during the same period climbed 21% to $254.3 million.

Karim Badawi, Minister of Petroleum and Mineral Resources, underscored Egypt's capacity as a vital energy bridge between...
02/06/2026

Karim Badawi, Minister of Petroleum and Mineral Resources, underscored Egypt's capacity as a vital energy bridge between the Caspian region and Europe. He highlighted the country's strategic geographic position and advanced infrastructure in natural gas, petroleum refining, handling, storage, and export, which collectively reinforce its position as a regional hub for energy trade.

The Minister delivered his remarks during the ministerial session of Baku Energy Week in Azerbaijan's capital, Baku, attended by ministers, senior officials, and energy sector decision-makers from across the globe.

Initial tests at the Mina West-1 well, part of the Mediterranean Mina West Field, recorded about 45 million cubic feet p...
02/06/2026

Initial tests at the Mina West-1 well, part of the Mediterranean Mina West Field, recorded about 45 million cubic feet per day (mmcf/d) of gas and 1,000 barrels per day (bbl/d) of condensates. Reservoir analysis indicates potential output of nearly 80 mmcf/d once tied into production facilities. The well is developed by Shell and Kuwait Foreign Petroleum Exploration Company (KUFPEC) through Rashid Petroleum Company (Rashpetco). The first phase of the field development plan, with estimated investments of $390 million, is expected to add 160 mmcf/d of gas and 3,000 bbl/d of condensates during the fourth quarter (Q4) of 2026.

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