Egypt: A Bridge for Energy, Investment & Regional Growth

Africa Energies Summit News
Written By Rachel Creegan - Marketing Manager

At this year’s Africa Energies Summit, we were honoured to host Eng. Ehab Ragee, First Undersecretary for Production of the Ministry of Petroleum and Mineral Resources - Egypt, who delivered a Keynote Address on Egypt's Upstream Opportunities. Key Takeaways include:

▪️ Egypt’s strategic role as a bridge between Africa and the Middle East
▪️ Strong government commitment to energy reform and investment, under Vision 2030
▪️ Six strategic pillars driving sector transformation—from securing domestic energy needs to enhancing regional cooperation
▪️ A robust upstream offering, with 13 blocks currently open for bidding via the Egypt Upstream Gateway
▪️ Introduction of the Open Block Licensing Program (OBLP), enabling continuous investment opportunities

Eng. Ragaee underscored Egypt’s readiness to partner with international investors to unlock the full potential of its hydrocarbon resources and support a more sustainable energy future.

Rachel Creegan - Marketing Manager
Previous

Egypt’s Upstream Renaissance: A New Era for Investment and Innovation
Next

Panel Recap: Africa’s Potential - Challenges and Opportunities from the Oilfield Services Perspective