Live Update 
From the Liveblog of
Saturday, August 30, 2025
From the Liveblog of
Saturday, August 30, 2025
Egypt signs oil, gas exploration deals worth $340 million with global firms
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This picture taken on February 6, 2023 shows a view of Tibbin dual fuel (natural gas and fuel oil) powerplant and Helwan Steelworks, in the Helwan suburb south of Egypt's capital. (Amir MAKAR / AFP)
Egypt has signed four agreements with international firms worth more than $340 million to explore gas and oil in the Mediterranean and Nile Delta, the Petroleum Ministry says in a statement.
They include a $120 million deal with Shell and a $100 million deal with Italy’s Eni, the statement says.
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