Egypt has signed three oil and gas exploration deals that amount to over $121m with a though to boosting its energy sector through new drilling opportunities.
Frontier exploration to grow has been one of the top agendas of global oil and gas majors so as to overcome the reserves that are witnessing a major shrink.
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Sempra has given a green light to $14bn for the phase two development of Port Arthur LNG which includes two new liquefaction trains and one LNG storage tank.
QatarEnergy, TotalEnergies have signed deal for $13bn worth Iraq project that comprises Artawi Phase 2 Project & construction of Common Seawater Supply Project.
First half of 2025 has seen Energean, the Eastern Mediterranean-focused gas producer secure $4bn new Israeli gas offtake contracts as it seeks to expand.