CAIRO: Egypt’s parliament approved four oil and gas exploration and development agreements on Wednesday, including a North Sinai project involving Franco-British independent producer Perenco. Egypt is looking to bolster domestic energy production that has struggled to keep pace with growing demand while regional tensions tighten global LNG markets. The approvals cover exploration and production activities in North Sinai, the Nile Delta, the Mediterranean and Egypt’s Eastern Desert, Egyptian media reported.
Egypt approves oil and gas deals including Perenco North Sinai project
Egypt is looking to bolster domestic energy production that has struggled to keep pace
Perenco North Sinai Petroleum has operated the North Sinai concession since 2014
July 22, 2026 19:33
CAIRO: Egypt’s parliament approved four oil and gas exploration and development agreements on Wednesday, including a North Sinai project involving Franco-British independent producer Perenco.
JEDDAH: Egypt has signed three oil and gas agreements worth over $121 million with international firms, boosting its energy…
JEDDAH: Egypt has signed three oil and gas agreements worth over $121 million with international firms, boosting its energy…
Egypt’s Sinai oil fields have reached their highest production level since 2017, helping Cairo tackle rising fuel imports,…
Egypt has launched drilling at the Mediterranean Narcissus gas field with Chevron and Eni as the country pushes to increase…
Egypt is advancing exploration programs to boost its declining gas output.
Egypt’s recent Eni-linked gas finds have lifted hopes of an upstream revival, but analysts say import pressure is unlikely to…
