Qatar Energy Acquires Stake in North Rafah Exploration Area
Qatar Energy has acquired a 40% participating interest in the North Rafah exploration area, located off the coast of Egypt.
The company will hold a 40% share in the exploration concession, while the operator, Eni, will retain a 60% interest.
Location and Size
The North Rafah area is situated in the Mediterranean Sea, covering an area of approximately 3,000 square kilometers, with water depths reaching up to 450 meters.
New Discoveries in Egypt
Recently, the Ministry of Petroleum and Mineral Resources announced new oil and natural gas discoveries in Egypt’s Western Desert and Nile Delta during October 2025, adding more than 5,000 barrels of crude oil and 42 million cubic feet of gas per day to national production.
The ministry revealed that the onshore Nile Delta region witnessed, for the first time in two years, two new natural gas discoveries.
Author summary: Qatar Energy buys 40% stake in North Rafah area.