Egypt Plans New Global Oil Exploration Bid Round in Third Quarter 2026

Egypt is preparing to launch a new international bid round for oil exploration during the third quarter of 2026, targeting at least 15 exploration areas primarily located in the Western and Eastern deserts as the country seeks to boost domestic oil and gas production and attract fresh foreign investment into the energy sector. Government officials […] The post Egypt Plans New Global Oil Exploration Bid Round in Third Quarter 2026 appeared first on The Middle East Observer.