Egypt

Egypt's Cabinet approves draft laws on 5 petroleum commitment deals in Western Desert

Published on : 2024-03-07

The Egyptian cabinet has authorized Minister of Petroleum and Mineral to sign five petroleum commitment agreements for the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS), and a number of national and international companies, as per a statement.

The first deal will be signed between EGPC, Khalda Petroleum Company (Apache), and Tharwa Petroleum Co to explore and develop oil in Siwa at Egypt’s Western Desert.

The second signing is between EGPC and IPR Energy Group for oil exploration at Yidma/Alamein in the Western Desert.

As for the third agreement, it will be signed between EGPC and North Petroleum Company for oil discovery and development at East Ghazalat, Western Desert.

Moreover, EGPC will ink a deal with HBS International for oil discovery and exploitation at West Alamein in Western desert.

Additionally, the firth agreement will be sealed between EGAS and Dana Gas for oil and natural gas exploration and development in New Manzalah, Nile Delta.

Related Articles

Egypt Mining Forum 2026 concludes landmark fifth edition as Egypt advances its global mining ambitions

Held under the patronage of H.E. Abdel Fattah El Sisi

Read More

Energean Reinforces Commitment to Egypt With $150 Million Investment Programme as Concession Merger Advances, Targeting Double Production

Energean to Invest $150 Million in Egypt, Targeting Double Production

Read More

PetroServices Secures New Mud Logging Contract with a Leading International Oil Company in the UAE

PetroServices announced the award of a new Mud Logging contract with a leading International Oil Company (IOC) in the United Arab Emirates (UAE)

Read More
EnppipetrojetSCHNEIDER-ELECTRIChempleEgypt gasNorthSKY CTS exxonmobilhttps://www.shell.com/CPCADESSLBTam oilfieldIPR energy groupEthydcoHarbour EnergyVaalco EnergyUEE