Name: Egypt upstream summary
Brand: Wood Mackenzie
SKU: 19080
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Author: Wood Mackenzie

Country Report 11 June 2025

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            <h3 class="mega store_featured_content_extrabold store_font_black">Report summary</h3>
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                <div>
Egypt is a mature oil and gas province that has been producing for around 140 years. Oil production comes principally from the Gulf of Suez and Western Desert basins, while discoveries in the Nile Delta have established this as one of the region's key gas producing areas. Political unrest in 2011 deterred investment and led to a fall in production, but with stability returning and with a number of key developments now progressing, production looks set to rise again. Egypt offers a full range of investment opportunities, and as a result boasts the most diverse corporate landscape in North Africa, with independents, small and large capital companies and majors fully represented. With relatively low costs and established infrastructure, Egypt continues to attract explorers, and the country's regular licensing rounds are always well attended. A slew of recent discoveries, including the giant offshore Zohr gas field have highlighted Egypt's potential</div>
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                    <h3 class="alpha push-half--bottom">Table of contents</h3>

<li class="list__item-toggle font-semibold">
        Executive summary
    </li>

<li class="list__item-toggle font-semibold">
        Key facts
    </li>

<li class="list__item-toggle font-semibold">
        Location maps
    </li>

<li class="list__item-toggle">
        <a href="#5d098758-2597-41ee-82c3-16c11a67b2e9" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="5d098758-2597-41ee-82c3-16c11a67b2e9" aria-expanded="false">
            Key companies
        </a>
        <ul id="5d098758-2597-41ee-82c3-16c11a67b2e9" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        International investors
            <ul id="4dac3f60-1176-4e8e-a447-baa27f9d8593" class="push-half--left">
                    <li class="push-quarter--bottom">
        Majors
    </li>
    <li class="push-quarter--bottom">
        Other operators
    </li>

</ul>
    </li>

<li class="list__item-toggle">
        <a href="#5b1b0f23-2a70-43aa-845f-7e305474b6bf" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="5b1b0f23-2a70-43aa-845f-7e305474b6bf" aria-expanded="false">
            Geology
        </a>
        <ul id="5b1b0f23-2a70-43aa-845f-7e305474b6bf" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        Introduction
    </li>
    <li class="push-quarter--bottom">
        Gulf of Suez
    </li>
    <li class="push-quarter--bottom">
        Nile Delta/Mediterranean
    </li>
    <li class="push-quarter--bottom">
        Western Desert
    </li>

</ul>
    </li>

<li class="list__item-toggle">
        <a href="#69afb4a4-d670-4eee-9d2f-32fef604fc53" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="69afb4a4-d670-4eee-9d2f-32fef604fc53" aria-expanded="false">
            Exploration
        </a>
        <ul id="69afb4a4-d670-4eee-9d2f-32fef604fc53" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        Licensing
    </li>
    <li class="push-quarter--bottom">
        Drilling
            <ul id="ccf2ed1a-dfe4-4c8c-bda1-18b954205d29" class="push-half--left">
                    <li class="push-quarter--bottom">
        Success rates
    </li>

</ul>
    </li>

<li class="list__item-toggle">
        <a href="#694b51b1-0dfc-4add-9164-fb707ec5b7f3" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="694b51b1-0dfc-4add-9164-fb707ec5b7f3" aria-expanded="false">
            Reserves and resources
        </a>
        <ul id="694b51b1-0dfc-4add-9164-fb707ec5b7f3" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        Commercial Reserves
    </li>

</ul>
    </li>

<li class="list__item-toggle">
        <a href="#ccbae62a-a89a-4d5c-b76d-d033039ea4d1" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="ccbae62a-a89a-4d5c-b76d-d033039ea4d1" aria-expanded="false">
            Production
        </a>
        <ul id="ccbae62a-a89a-4d5c-b76d-d033039ea4d1" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        Liquids
            <ul id="481d69c3-15c1-4aaf-ab69-c78a37dd963b" class="push-half--left">
                    <li class="push-quarter--bottom">
        Future Liquids Production
    </li>
    <li class="push-quarter--bottom">
        Historical Oil Production
    </li>
    <li class="push-quarter--bottom">
        Condensate/NGL Production
    </li>

</ul>
    </li>
    <li class="push-quarter--bottom">
        Gas
            <ul id="066b002a-22a4-4801-93b7-32c433344c3e" class="push-half--left">
                    <li class="push-quarter--bottom">
        Historical Gas Production
    </li>

</ul>
    </li>

<li class="list__item-toggle">
        <a href="#f016bd82-60e5-4f8a-86eb-940c0c8f725e" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="f016bd82-60e5-4f8a-86eb-940c0c8f725e" aria-expanded="false">
            Infrastructure
        </a>
        <ul id="f016bd82-60e5-4f8a-86eb-940c0c8f725e" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        Oil infrastructure
    </li>
    <li class="push-quarter--bottom">
        Refining
            <ul id="d29f3fd5-1e82-42b3-8c29-98276aa01289" class="push-half--left">
                    <li class="push-quarter--bottom">
        Ameryia
    </li>
    <li class="push-quarter--bottom">
        Asyut
    </li>
    <li class="push-quarter--bottom">
        El Nasr Suez
    </li>
    <li class="push-quarter--bottom">
        El Mex
    </li>
    <li class="push-quarter--bottom">
        MIDOR
    </li>
    <li class="push-quarter--bottom">
        Mostorod
    </li>
    <li class="push-quarter--bottom">
        Suez
    </li>
    <li class="push-quarter--bottom">
        Tanta
    </li>

<li>1 more item(s)...</li>
            </ul>
    </li>
    <li class="push-quarter--bottom">
        Gas infrastructure
    </li>
    <li class="push-quarter--bottom">
        Pipelines - Import/Export
            <ul id="7f1ecea9-9f3a-46c5-991a-f134648c7d33" class="push-half--left">
                    <li class="push-quarter--bottom">
        Arab Gas Pipeline Project
    </li>
    <li class="push-quarter--bottom">
        Phase I
    </li>
    <li class="push-quarter--bottom">
        Phase II
    </li>
    <li class="push-quarter--bottom">
        Phase III
    </li>
    <li class="push-quarter--bottom">
        East Mediterranean Gas (EMG) Pipeline
    </li>
    <li class="push-quarter--bottom">
        Nitzana Route (proposed overland Israel-Egypt pipeline)
    </li>

</ul>
    </li>
    <li class="push-quarter--bottom">
        LNG - Export
            <ul id="07ceb82a-0c39-460f-95f3-7e3a0c66ff82" class="push-half--left">
                    <li class="push-quarter--bottom">
        SEGAS (Spanish Egyptian Gas Company)
    </li>
    <li class="push-quarter--bottom">
        Egyptian LNG (ELNG)
    </li>

</ul>
    </li>
    <li class="push-quarter--bottom">
        LNG - Import
    </li>

</ul>
    </li>

<li class="list__item-toggle">
        <a href="#b872a152-ebea-4c1c-abf9-5933f19fd09a" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="b872a152-ebea-4c1c-abf9-5933f19fd09a" aria-expanded="false">
            Costs
        </a>
        <ul id="b872a152-ebea-4c1c-abf9-5933f19fd09a" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        Capital costs
            <ul id="0f3b6690-e807-4b49-a6de-55157d4b0bce" class="push-half--left">
                    <li class="push-quarter--bottom">
        Capital expenditure by location
    </li>

</ul>
    </li>
    <li class="push-quarter--bottom">
        Operating costs
            <ul id="6b65104e-d77d-4d08-aeab-f2601245e275" class="push-half--left">
                    <li class="push-quarter--bottom">
        Operating expenditure by location
    </li>

</ul>
    </li>

<li class="list__item-toggle">
        <a href="#a50b4d0d-77de-42b7-bf23-e534a61996f1" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="a50b4d0d-77de-42b7-bf23-e534a61996f1" aria-expanded="false">
            Policy and regulation
        </a>
        <ul id="a50b4d0d-77de-42b7-bf23-e534a61996f1" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        Key legislation
    </li>
    <li class="push-quarter--bottom">
        State oil company
            <ul id="ca661afa-4f2e-46c6-857b-845b61f1f95a" class="push-half--left">
                    <li class="push-quarter--bottom">
        EGPC
    </li>
    <li class="push-quarter--bottom">
        EGAS
    </li>
    <li class="push-quarter--bottom">
        GANOPE
    </li>

</ul>
    </li>
    <li class="push-quarter--bottom">
        State participation
    </li>
    <li class="push-quarter--bottom">
        Gas Market Liberalisation
    </li>
    <li class="push-quarter--bottom">
        Licensing
            <ul id="8a462b45-8f28-41f7-abb1-3916620a28b3" class="push-half--left">
                    <li class="push-quarter--bottom">
        Exploration Licence
    </li>
    <li class="push-quarter--bottom">
        Delineation & Assessment Period
    </li>
    <li class="push-quarter--bottom">
        Development Licence
    </li>

</ul>
    </li>

<li class="list__item-toggle">
        <a href="#49948150-70d3-41af-a9b9-489229b07a7e" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="49948150-70d3-41af-a9b9-489229b07a7e" aria-expanded="false">
            Fiscal terms
        </a>
        <ul id="49948150-70d3-41af-a9b9-489229b07a7e" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        Overview
    </li>
    <li class="push-quarter--bottom">
        Current fiscal terms
            <ul id="ba0ccfe3-dc7b-4773-853c-7edef00ded65" class="push-half--left">
                    <li class="push-quarter--bottom">
        UPSTREAM
    </li>
    <li class="push-quarter--bottom">
        MID/DOWNSTREAM
    </li>
    <li class="push-quarter--bottom">
        Production Sharing Contracts
    </li>
    <li class="push-quarter--bottom">
        Egypt Service Contract
    </li>

</ul>
    </li>

</ul>

</div>
                <div class="col small-12 large-4 push--bottom">

<h3 class="alpha push-half--bottom">Tables and charts</h3>

<p class="push-half--bottom">This report includes the following images and tables:</p>

<ul class="list list--bullets">
         <li class="list__item push-quarter--bottom">Key facts: Table 1</li><li class="list__item push-quarter--bottom">Country Map</li><li class="list__item push-quarter--bottom">Geological Basin Map</li>
     </ul>
    <div>
        <button data-target="#ee2c4090384345f1b359315cac39915d"
                class="btn-toc js-toggle-local"
                role="button"
                aria-controls="ee2c4090384345f1b359315cac39915d"
                aria-expanded="false">
            View more tables and charts in this report
        </button>
        <ul class="list list--bullets panel-toggle" id="ee2c4090384345f1b359315cac39915d">
            <li class="list__item push-quarter--bottom">2024 EGAS International Bid Round</li><li class="list__item push-quarter--bottom">Exploration: Table 1</li><li class="list__item push-quarter--bottom">Exploration: Table 2</li><li class="list__item push-quarter--bottom">Oil, Other Liquids and Gas Reserves</li><li class="list__item push-quarter--bottom">Gas Reserves by Sector</li><li class="list__item push-quarter--bottom">Liquid Reserves by Sector</li><li class="list__item push-quarter--bottom">Commercial Reserves by Analysis</li><li class="list__item push-quarter--bottom">Contingent Resources</li><li class="list__item push-quarter--bottom">Infrastructure: Table 1</li>
                <li>20 more item(s)...</li>
        </ul>
        
    </div>

</div>

<div class="col small-12 large-4 push--bottom">
                    
<h3 class="alpha push-half--bottom ">What's included</h3>
<p class="push-half--bottom ">This report contains:</p>
<ul class="list"><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >Country Overview</p>
<p class="uppercase delta">
    <span>PDF</span>
    <span>16.42 MB</span>
</p>
</li><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >Country Overview</p>
<p class="uppercase delta">
    <span>XLS</span>
    <span>851.00 KB</span>
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