EGYPT: ABL and PMS in Rig Moving Partnership 

ABL is partnering with Egypt’s Petroleum Marine Services to introduce a unified rig moving service in the Red Sea and Gulf of Suez, with the support of the Egyptian General Petroleum Corporation (EGPC).  This milestone initiative supports Egypt’s … Read More

EGYPT: Capricorn Receives $50m from the Egyptian General Petroleum Corporation

Capricorn has announced that it has received $50m from the Egyptian General Petroleum Corporation (EGPC). Since 30 June 2025, the Company has received a total of $102m, and its accounts receivable is approximately … Read More

EGYPT: Pharos Energy Receives Approval from EGPC for a new consolidated Concession Agreement

Pharos Energy has announced that it has received approval from the Executive Board of the Egyptian General Petroleum Corporation (EGPC) for the consolidation of the El Fayum and North Beni … Read More

EGYPT: EGPC Approves Consolidation of Capricorn’s 8 Existing Concession Agreements

Capricorn has announced that it has been informed by the Egyptian General Petroleum Corporation (EGPC) that it has approved the consolidation of eight of the Company’s existing Egyptian concession agreements, … Read More

EGYPT: Transglobe Energy Corporation Announces Eastern Desert Contract Execution

TransGlobe Energy Corporation has announced the execution of the new concession agreement consolidating and amending its three existing Eastern Desert concession agreements (West Gharib, West Bakr and North West Gharib). … Read More

EGYPT: Eni awarded five Additional Exploration Licenses

Eni has been awarded five new exploration licenses by the Egyptian Ministry of Petroleum. The licenses, four of which as Operator, are in the Egyptian offshore and onshore, and follow … Read More

EGYPT: APA Corporation Announces Ratification of Modernized Production Sharing Contract

APA Corporation has announced the signing, by authority of Egyptian President H.E. Abdel Fattah El Sisi, of the previously announced agreement to modernize and consolidate the company’s current Production Sharing … Read More

EGYPT: TransGlobe Announces Ratification of the Consolidated and Amended Eastern Desert PSC

TransGlobe has said it received notification that its agreement with the Egyptian General Petroleum Corporation (EGPC) to merge, amend and extend its three existing Eastern Desert concessions (West Gharib, West … Read More

EGYPT: Eni Discovers New Oil in Meleiha & South West Meleiha Leases

Eni announces new discoveries in Meleiha and South West Meleiha concessions, in the Western Desert of Egypt. Preliminary estimates of the resources associated to these new discoveries are at 50 … Read More