At a Glance
- QatarEnergy partners with Italy’s Eni to explore natural gas in Egypt’s offshore North Rafah concession in the Mediterranean Sea.
- The expansion brings QatarEnergy’s total holdings in Egypt to six offshore concessions, reflecting strong confidence in the country’s energy sector.
- The partnership supports Egypt’s plan to boost LNG exports and strengthens its position as a regional hub for global energy supply.
QatarEnergy is deepening its footprint in Egypt’s energy landscape through a new partnership with Italy’s Eni to explore natural gas in the offshore North Rafah concession in the Mediterranean Sea.
The agreement highlights QatarEnergy’s continued commitment to expanding its upstream portfolio and strengthens Egypt’s role as an emerging hub for gas exploration and production.
The North Rafah block adds to QatarEnergy’s growing list of projects in Egypt, reflecting a broader strategy to expand its exploration base across the eastern Mediterranean — a region increasingly recognized as one of the world’s most promising areas for natural gas discoveries.
With rising global demand for liquefied natural gas (LNG) and mounting pressure to secure diverse energy supplies, the eastern Mediterranean has become a magnet for major international players.
QatarEnergy’s latest move signals confidence in Egypt’s investment environment and underscores the importance of partnerships in driving energy development.
The company already holds stakes in six offshore concessions in Egypt, working alongside industry leaders such as Eni, Chevron, and ExxonMobil. Together, these alliances are reshaping Egypt’s position in the global gas supply chain.
Boosting exploration and output
Under the new expansion plan, QatarEnergy and Eni will invest heavily in drilling multiple exploratory wells over the next five years, with three scheduled for next year.
The program aims to identify new reserves and strengthen production capacity across the Mediterranean basin.
According to QatarEnergy, this initiative fits into its broader global strategy of securing long-term energy supplies and expanding gas output to meet growing international demand.
For Egypt, the collaboration aligns with national efforts to enhance hydrocarbon production and expand its LNG export capacity.
The Ministry of Petroleum and Mineral Resources has prioritized attracting foreign investment to unlock new exploration potential, ensuring that Egypt remains a key supplier to markets in Europe and Asia.
A growing role in global energy
The timing of QatarEnergy’s expansion comes as global LNG demand continues to rise, driven by Europe’s push to diversify away from Russian gas and Asia’s growing consumption needs.
Egypt’s strategic location between Africa, the Middle East, and Europe gives it a competitive edge in global gas logistics, positioning the country as a critical energy corridor.
For QatarEnergy — one of the world’s largest LNG producers — the partnership with Eni represents more than just another investment.
It’s part of a long-term plan to reinforce its global footprint, deepen regional cooperation, and support sustainable economic growth in Egypt’s energy sector.
