Global Upstream Scouting | Middle East North Africa | Algeria 2026 Bid Round, Egypt Frenzy: BP Divesting/Investing, Agiba Finding Gas, TotalEnergies Accessing Exploration Acreage
Host Patrick Rutty and Senior Analyst Sheik-Imran Azim Rahman discuss whom they expect to participate in the Algeria bid round and then focus on Egypt to parse through BP’s portfolio rotation and contrast it to the supermajor’s UK stance, highlight the Eni-led Agiba JV’s 400 bcfe South Bostan discovery in the Matruh Basin, and take note of TotalEnergies’ new 20,000-square-kilometer reconnaissance licence in the Herodotus Basin.
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