TotalEnergies and the Egyptian Natural Gas Holding Company (EGAS) have signed a memorandum of understanding aimed at expanding cooperation on offshore exploration activities in Egypt’s north-western offshore region.
The agreement establishes a framework for technical collaboration covering early-stage exploration work and subsurface assessments across a large offshore area believed to hold promising deepwater hydrocarbon potential.
Under the partnership, both organisations will work jointly on geological and geophysical studies, technical evaluations and exploration-related activities designed to improve understanding of the region’s subsurface formations and identify future development opportunities.
The move reflects Egypt’s continued efforts to strengthen its position as a major energy hub in the Eastern Mediterranean while attracting further international investment into its offshore sector.
Nicola Mavilla, senior vice president exploration at TotalEnergies, said the agreement reinforces the company’s long-standing relationship with Egypt and supports future energy development efforts.
“We are pleased to launch this cooperation with EGAS, which reflects our shared ambition to further strengthen our partnership with Egypt,” he said.
“This agreement will support the assessment of Egypt’s deep offshore exploration potential and contribute to future energy development opportunities in the region.”
Egypt has become one of the region’s most active offshore energy markets in recent years, supported by significant gas discoveries and increased exploration activity from global energy companies. The country continues to invest heavily in expanding production capacity and strengthening energy infrastructure as demand for natural gas rises both domestically and internationally.
The new agreement is expected to support additional technical collaboration between TotalEnergies and EGAS while contributing to Egypt’s wider strategy of increasing offshore exploration and boosting long-term energy security.
EGAS plays a key role in managing Egypt’s natural gas resources and coordinating upstream activities with international operators. Through partnerships with foreign energy companies, the organisation aims to accelerate exploration programmes and encourage new investments across the sector.
TotalEnergies has continued to expand its footprint in Egypt through a range of exploration, production and energy development initiatives. The company views the Egyptian market as strategically important within its broader operations across North Africa and the Mediterranean region.
Industry analysts have noted that deepwater offshore exploration remains a priority area for many international operators due to the region’s untapped reserves and growing infrastructure network.
Alongside its oil and gas activities, TotalEnergies continues to pursue investments across renewable energy, electricity, biofuels and low-carbon energy solutions as part of its long-term transition strategy.
The company operates in around 120 countries and employs more than 100,000 people globally, with ongoing investments focused on balancing energy security, operational growth and lower-carbon energy development.
