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The Oil Ministry is eying 14 Mediterranean exploration wells in USD 1 bn+ drilling push this year
The Med push is part of a wider 101-well exploration program for 2026, with total expected drilling investment of USD…
Pegasus and Glaucus join Cypriot gas fields pumping our way
The agreement cements Egypt’s strategy to act as an East Med infrastructure middleman
Egyptian capital and engineering power new combined-cycle power plant in Hungary with Elsewedy Electric securing EUR 58 mn from CIB
Plus: Exxon Mobil and Qatar Energy exit North Marakia, FRA greenlights first futures brokers ahead of EGX launch
Korea’s H&L to set up USD 12 mn plant in Qantara
PLUS- Travco Group plans to invest USD 1.5 bn in 2026 to open ten new hotels across Egypt, Morocco, and…
TMG confirms multi-bn USD Iraqi project. PLUS: Willow Ferro, ExxonMobil,
The project is set to generate an estimated USD 17 bn in total sales
ExxonMobil to begin drilling long-awaited exploratory gas wells in early 2026
Good afternoon, wonderful people, and welcome to the almost-weekend. Today’s issue is full to the brim, and includes a discussion…
ExxonMobil discovers natural gas at its first ever offshore well in Egypt. PLUS:Alqahtani Holding + Tanmia Petroleum + Enppi + Petrojet, Alstom, CI Capital, Misr Beni Suef Cement
The size of the find has yet to be determined, but pre-drill estimates came in at around 3.5 tn cubic…
QatarEnergy to acquire 40% stake in two of ExxonMobil’s offshore exploration blocks in Egypt
ExxonMobil will retain the remaining 60% of the two concessions.
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