Egypt's EGAS to Begin Seismic Survey as African Oil Projects Progress Slowly in 2026
NATURAL GAS
Egypt's EGAS is set to commence a seismic survey in the Eastern Mediterranean in 2026, as African oil projects slowly progress amid challenges in countries like Ghana, Angola, and Nigeria. While Egypt faces declining natural gas production, upcoming bid rounds in several nations signal ongoing opportunities for growth, alongside significant projects like TOTALEnergies' initiative in Mozambique entering heavy construction.

Dec 29, 2025, 4:10 PM