Petroleum Minister: Proactive Plans Remain in Place to Secure Natural Gas Market Needs

Egypt launches 2026 oil, gas bid round for 14 exploration blocks

The bid round is designed to attract new investment, strengthen domestic production and support the government’s five-year strategy to increase oil and gas output.

Petroleum Minister: Proactive plans remain in place to secure natural gas market needs

Minister of Petroleum and Mineral Resources Karim Badawi has affirmed that the petroleum sector continues to implement comprehensive, proactive plans to secure the local market’s natural gas needs. He stressed the importance of managing shifts in consumption with high efficiency and flexibility, while maintaining maximum readiness to handle any emergencies or developments. This came as the minister reviewed the operational status of the national…

Egypt Launches New Seismic Survey Across 110,000 km² in Western Desert

Egypt is preparing to launch a major new seismic survey in the western part of the Western Desert, near the Libyan border, as Cairo seeks to generate modern geological data and attract fresh investment in oil and gas exploration across an area that has yet to see petroleum activity.

Egypt launches international bid round for oil, gas exploration in 14 areas - Dailynewsegypt

Petroleum and Mineral Resources Minister Karim Badawi has announced the launch of the 2026 international bid round for crude oil and natural gas exploration, offering 14 new exploration areas to international and Egyptian companies in a move aimed at attracting more investment, boosting domestic production and supporting the targets of the government's five-year production growth

Egypt announces global bid for oil, gas exploration in 14 areas

Petroleum and Mineral Resources Minister Karim Badawy launched on Wednesday Egypt’s 2026 international tender for crude oil and gas exploration, covering 14 new blocks open to global and local companies. The initiative aims to attract fresh investment, boost domestic production and meet five‑year targets. The tender, opened on Tuesday August 11, includes eight areas under EGAS in the Mediterranean, Nile Delta and North Sinai, with applications c…