Your search for Egypt has returned 3209 results

Egypt announced on 10 June that it has “fully settled its arrears to foreign oil and gas partners,” in line with its expedited target (MEES, 29 May). ... Will Egypt’s geology deliver the requisite discoveries? ...

Egypt is playing up its role as a gas export hub for the East Mediterranean region as it grapples with its own steep production declines. ... Once flows begin, Egypt will be running LNG imports and exports through Damietta simultaneously. ...

Prices for domestic gas sales averaged around $4.55/mn Btu last year, while exports from Leviathan to Egypt and Jordan averaged around $5.80/mn Btu (see chart 2). ... Egypt has emerged as the leading export market for Israeli gas because of its widening domestic supply gap (MEES, 12 June), while Jordan remains a stable long-term buyer. ...

In turn, 266,000 b/d of this was shipped directly to Europe, and a large part of the 41,000 b/d shipped to Egypt’s Sidi Kerir Mediterranean port will also have been re-exported to Europe. ...

Dubai-headquartered infrastructure firm Alcazar has signed a $420mn, 25-year contract with Cairo to operate and maintain Egypt’s 580MW Gebel El Zeit wind farm on the Red Sea, according to an Egyptian Cabinet statement on 8 June. Egypt’s state Egyptian Electricity Transmission Company (EETC) will be the offtaker for the duration of the contract, after which ownership of the asset reverts to Egypt’s New and Renewable Energy Authority (NREA). ...

*Egypt continues to eye gas imports from neighboring Israel and Cyprus as domestic output keeps plunging, falling again in April to 3.90bn cfd, the lowest level in a decade (MEES, 12 June). ... Egypt Western Desert Upstream Activity: Rig Count Remains Steady At 75 With Oil And Gas Out-put Witnessing Converging Trajectories *Western Desert producers such as Apache have responded positively to Cairo’s efforts to improve concession terms, including higher gas prices and other fiscal incentives. ...

Neom is especially well placed to deliver cargoes from Europe and Egypt to northern Saudi Arabia and other countries in the northern Gulf such as Iraq and Kuwait. ...

*Egypt’s finances remained relatively resilient through April despite heightened regional uncertainty. ... Urban headline inflation slowed to 14.9% year-on-year in April from 15.2% in March, suggesting that Egypt’s disinflation process remains broadly intact. ...

Shell’s Mina West-1 development well, located within the North East El Amriya block in Egypt’s offshore tested at 45mn cfd of gas and 1,000 b/d of condensates, the Ministry of Petroleum announced on 28 May. ... This is a positive development for Egypt, which has seen gas output recently slump to less than 4bn cfd for the first time in nearly a decade. ...

*Egypt’s gas consumption increased by 8% year-on-year in Q1 to a new seasonal record of 6.14bn cfd. ... *Given the economic impact of the Hormuz crisis, Egypt tried to shield its economy where possible. ...

The Leviathan partners received an average weighted price of $5.5/mn Btu for gas sold to Egypt for 2025 but expect an increase this year. The three-month lag on the Brent-linked contract to Egypt means sharp price increases in the coming months (MEES, 22 May). ...

Can Egypt translate renewed offshore Mediterranean drilling into tangible gas output gains over the next 18 months? ... Egypt Mediterranean Drilling Activity & Key Blocks ...

Away from Israel, Energean highlighted progress in Egypt. ... Q2 earnings should be supported as “higher realised gas prices are expected in Q2 2026, reflecting Brent-linked pricing in Egypt” the company said. ...

Eni has made its largest gas discovery in Egypt’s Western Desert in 15 years following successful drilling of the South Bostan-1X well. ...

Egypt is hoping to fully settle arrears to oil and gas producers by 10 June, bringing forward a previous target of 30 June (MEES, 17 April). ... Improved payments have encouraged firms to increase spending and drilling in Egypt. ...