TotalEnergies and EGAS Partner for Offshore Gas Exploration in Egypt
theglobeandmail.comTotalEnergies has signed a Memorandum of Understanding with the Egyptian Natural Gas Holding Company (EGAS) to explore offshore gas potential in north-western Egypt. The deal focuses on technical collaboration and subsurface evaluation to determine the viability of deep offshore reserves. This partnership is part of a larger strategy to expand gas footprints in the Eastern Mediterranean. The project aims to strengthen Egypt's position as a regional energy hub while integrating with TotalEnergies' portfolio of low-carbon energy assets.
