Egypt Secures $17bn in Foreign Investment for Petroleum Sector Expansion
Egypt has secured more than $17 billion in fore...
Wednesday, 08 July 2026
HELD UNDER THE PATRONAGE OF HIS EXCELLENCY ABDEL FATTAH EL SISI, PRESIDENT OF THE ARAB REPUBLIC OF EGYPT
Sunday, 14 September 2025
Energean, through Energean Egypt, maintains and operates a full-cycle production, development, and exploration portfolio. It operates and owns 100% of each of Abu Qir concession, North East Almreya and North Idku concessions, in addition to 50 % of East Bir El Nus on-shore concession and a 30% interest in North East Hap’y off-shore concession.
Regarding its revenues, Energean achieved $804 million in H1 2025, compared to $867 million in H1 2024, with adjusted Earnings Before Interest, Taxes, Depreciation, Depletion, Amortization, and Exploration Expenses (EBITDAX) being $505 million.
Energean plc is an international hydrocarbon exploration and production company, with a focus on natural gas.
Egypt Secures $17bn in Foreign Investment for Petroleum Sector Expansion
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