M&A activity in North Africa remained limited in 2025, with notable deals including United Energy Group acquiring Apex International Energy and Arcius Energy purchasing stakes from Shell and bp in Egypt’s El Burg concession.
While the 2026 outlook is uncertain due to oil prices and geopolitical risks, improving conditions in Egypt and growing openness in Algeria and Libya could support future deal activity.
Get the full insights, analysis, and 2026 exploration outlook from Welligence Energy Analytics - exclusive to EGYPES 2026.