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Egypt declares prolongation of oil exploration rights with Russia s Lukoil in Eastern Desert

Egypt declares prolongation of oil exploration rights with Russia s Lukoil in Eastern Desert
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Egypt boosts gold sector with $2 5m exploration deal with Lotus Gold Corp

Egypt boosts gold sector with $2 5m exploration deal with Lotus Gold Corp
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Egypt s Ministry of Petroleum Launches Bidding Round for Oil, Gas Exploration in 23 New Blocks

Egypt's Petroleum Ministry launched an international bidding round for exploration in 23 open blocks, with the offer deadline set for Feb. 25, marking a significant expansion in the nation's energy sector.   According to a press release acquired by Asharq Al-Awsat, the round includes ten areas in Egypt's Western Desert, two in the Eastern Desert, seven in the Gulf of Suez, and four in the Red Sea.   Egypt, the most populous Arab country, has sought to position itself as a regional energy hub.  

Egypt announces new oil discovery in Gulf of Suez, amid rising energy demands

Egypt Announces New Oil Discovery in Gulf of Suez

Egypt-based Cheiron Petroleum Corporation announced a new oil discovery within the Geisum and Tawila West Concession located in the Gulf of Suez, as detailed in a social media statement posted by the Ministry of Petroleum and Mineral Resources on 22 August. “The discovery was made through the exploratory well, GNN-11, located north of Geisum North.

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