Egypt Opens 14 Oil and Gas Blocks in Push to Rebuild Domestic Production
4 Articles
4 Articles
The National Agency for Oil, Gas and Biofuels (ANPS) is developing the Hydrocarbon Strategy 2025–2050, which was put in public consultation last July. The document should guide the policy to sustain production, encourage new exploitation and maximize the recovery of the fields already in operation. Angolan oil production went from a maximum of about 1.87 million barrels per day in 2008 to approximately 1.1 million currently. Over the past six ye…
Egypt awards vast oil exploration survey to Saudi company
Egypt has awarded a contract to a Saudi Arabian company to conduct an extensive seismic survey for oil across a tenth of the North African country. Petroleum and mineral resources minister Karim Badawi said several companies vied for the project, which forms part of Cairo’s bid to maximise hydrocarbon deposits. The survey covers 110,000 square kilometres near the border with Libya. After meeting executives from local and foreign oil companies in…
Egypt Opens 14 Oil and Gas Blocks in Push to Rebuild Domestic Production
Egypt has opened 14 oil and natural gas exploration blocks to international and domestic companies as Cairo seeks fresh upstream investment to rebuild declining hydrocarbon production and strengthen domestic energy supply. The 2026 international bid round comprises eight blocks offered by the Egyptian Natural Gas Holding Company (EGAS) across the Mediterranean, Nile Delta and North […] The post Egypt Opens 14 Oil and Gas Blocks in Push to Rebuil…
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