Egypt has launched a new round of gas exploration opportunities, offering 12 blocks to international energy companies in a bid to boost domestic production and attract foreign investment.
The Ministry of Petroleum and Mineral Resources announced the openings through its international bidding platform last week.
The offering includes five offshore blocks and seven onshore sites, providing a strategic mix of exploration zones for potential investors.
These 12 blocks are part of a broader licensing round comprising 34 oil and gas opportunities, aimed at intensifying exploration efforts and unlocking the country’s untapped energy reserves.
The Egyptian Natural Gas Holding Company (EGAS), a state-owned enterprise, is managing the process. Most of the offered blocks are located in the Mediterranean Sea and northern Egypt—regions recognized for their high exploration potential.
Although Egypt holds an estimated 2.2 trillion cubic meters of proven natural gas reserves, it continues to import gas to meet increasing domestic demand.
The new licensing round reflects the government’s push to ramp up local production and strengthen energy security.
By opening new exploration blocks, Egypt hopes to draw more international partners and solidify its role as a key energy player in the region.
