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Egypt introduces new incentives to increase oil and gas production


Egypt introduces new incentives to increase oil and gas production

Karim Badawi, Minister of Petroleum and Mineral Resources, has unveiled a series of new incentives designed to increase crude oil and natural gas production. This initiative, a key objective of the sector, will be pursued in collaboration with partners involved in exploration, drilling and production activities. During a wide-ranging meeting with international oil production partners, […]

EGAS announces offer to explore natural gas in 12 regions in the Mediterranean and Nile Delta


EGAS announces offer to explore natural gas in 12 regions in the Mediterranean and Nile Delta

CAIRO – August 27, 2024: The Ministry of Petroleum and Mineral Resources recently launched a new global tender process for 2024 through the Egyptian Natural Gas Holding Company (EGAS). The objective of this tender is to explore for natural gas and crude oil in 12 sectors in the Mediterranean Sea and the Nile Delta, […]