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egas

EGAS signs $925M agreements with international companies for exploration in FY2023/2024

The company's latest global bid was launched for the year 2024 in the field of natural gas research and exploration through the Egypt Upstream Gateway (EUG).

Egypt's strategic natural gas vision boosts energy security, economic prosperity

Egypt's unique and robust natural gas infrastructure, central to production and consumption regions, significantly supports efforts to maximize economic gains from its geographical location.

EGAS awards exploration contracts for Mediterranean and Nile Delta Regions worth Over $281M

During the exploration phases, the minimum investment required is approximately $281 million, entailing the drilling of a minimum of 12 wells. Furthermore, there are $7.5 million in signature grants.