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Egypt Opens 14 Oil and Gas Blocks in Push to Rebuild Domestic Production

Summary by meobserver.news
Egypt has opened 14 oil and natural gas exploration blocks to international and domestic companies as Cairo seeks fresh upstream investment to rebuild declining hydrocarbon production and strengthen domestic energy supply. The 2026 international bid round comprises eight blocks offered by the Egyptian Natural Gas Holding Company (EGAS) across the Mediterranean, Nile Delta and North […] The post Egypt Opens 14 Oil and Gas Blocks in Push to Rebuil…

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Lean Right

The National Agency for Oil, Gas and Biofuels (ANPS) is developing the Hydrocarbon Strategy 2025–2050, which was put in public consultation last July. The document should guide the policy to sustain production, encourage new exploitation and maximize the recovery of the fields already in operation. Angolan oil production went from a maximum of about 1.87 million barrels per day in 2008 to approximately 1.1 million currently. Over the past six ye…

·Lisboa, Portugal
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meobserver.news broke the news on Friday, August 14, 2026.
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