11 September 2026
The Arcius portfolio is excluded, meaning BP would retain substantial exposure to Egypt even if the Energean deal goes ahead. ... BP Spuds Egypt Offshore Well ...
11 September 2026
Egypt is also becoming a more reliable source of cash. ... The improved payment environment has made Egypt more attractive for Energean. ...
11 September 2026
Recent Houthi attacks on Saudi-linked vessels in the Red Sea have forced Aramco to reroute the 4mn b/d of crude exports that were being shipped from the Red Sea terminal of Yanbu north to Ain Sukhna in Egypt. ...
11 September 2026
Behind that holiday frontage is one of Egypt’s most important crude gateways. ... El Hamra gives Egypt a credible base. ...
11 September 2026
Output will be piped through a new 110km subsea link to Egypt’s Zohr infrastructure, with the majority of the gas ultimately destined for the 5mn t/y Damietta LNG export facility. ...
11 September 2026
Regional links provide another buffer: electricity imports from Egypt rose 20.5% to 318GWh in 2025, while exports jumped 42.6% to 379GWh, mainly to Iraq and the West Bank. ...
11 September 2026
The project will cover around 143km² in one of Egypt’s strongest wind corridors and, according to the developers, generate sufficient electricity to power more than 1.2mn homes. ... Egypt aims to increase wind capacity fivefold to 15GW by the end of 2029 as part of a wider push to reach 30.7GW of renewables capacity (MEES, 24 July). ...
11 September 2026
“The energy sector remains at the forefront of cooperation between Egypt, Cyprus and Greece,” Mr Sisi said after the meeting. ... The Chevron-operated 3.7tcf Aphrodite is further behind but is also planned to export its gas to Egypt. ...
4 September 2026
A net exporter in 2023, Egypt appears destined to remain an importer for the foreseeable future. ... The two sites would instead give Egypt import options on both coasts. ...
4 September 2026
Saudi Arabia is close to beginning commercial operations of its 3GW interconnection with Egypt (MEES, 8 October 2021). ... A key advantage of the project is that demand peaks at different times in Egypt and Saudi Arabia, allowing each country to help the other meet their demand peaks. ...
4 September 2026
Egypt’s Petroleum Ministry had previously estimated the cost at $350mn and production of 150mn cfd and 2,700 b/d of condensate. ... WDDM rapidly became one of Egypt’s flagship gas projects after starting up in 2003. ...
4 September 2026
Genel Energy’s plan to diversify its portfolio away from the Kurdistan Region of Iraq (KRI) through the purchase of Egypt-focused Capricorn Energy (MEES, 3 July) has been derailed. ... Capricorn’s net Egypt output meanwhile was 20,200 boe/d in 2025. ...
4 September 2026
The BP assets are a good geographical fit with Energean’s existing Egypt portfolio. ... The bid also underlines how sharply Energean’s Egypt strategy has changed. ...
28 August 2026
Instead, the protracted conflict has metastasized, ensnaring the six GCC states as well as Iraq, Jordan, Yemen and even Egypt. ... Saudi Red Sea crude oil exports appear to have dropped by around 1mn b/d after tankers were forced to reroute via Egypt’s Sumed pipeline and Suez Canal. ...
21 August 2026
By using existing facilities in Egypt, the project has achieved a competitive development schedule, with first gas expected in 2028. ... Q: Cronos has moved from discovery to FID remarkably quickly, with Eni able to use existing infrastructure in Egypt. ...
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