# TotalEnergies has signed a Memorandum of Understanding with the Egyptian Natural Gas Holding Company to advance offshore exploration efforts in northwestern Egypt.

*business · news · 2026-05-14 · OilPrice*

## Key points

- TotalEnergies signed an MoU with Egypt's EGAS for preliminary offshore exploration in northwestern Egypt.
- The agreement covers technical cooperation and subsurface evaluation without immediate drilling or financial commitments.
- The targeted offshore acreage in Egypt’s northwest Mediterranean remains relatively underexplored compared to the Nile Delta.
- Egypt is introducing new incentives to accelerate high-cost offshore exploration and production activities.
- TotalEnergies' move aligns with Europe's drive for non-Russian gas amid recent supply disruptions.

**Companies:** TotalEnergies
**Countries:** Egypt

[Read the full story on OilPrice](https://oilprice.com/Company-News/TotalEnergies-Expands-Egypt-Offshore-Gas-Exploration-Partnership.html)

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