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[BUSINESS] · Egypt, Cyprus · 2 sources

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Egypt and Cyprus advance Aphrodite gas project at MOC 2026

The Mediterranean Offshore Conference and Exhibition (MOC 2026) opened in Alexandria, Egypt, featuring participation from Egyptian Petroleum Minister Karim Badawi and Cypriot Energy Minister Michael Damianos. The event focuses on regional energy security and the integration of Eastern Mediterranean gas resources.

A key highlight of the conference is the expected signing of agreements between Chevron and Egyptian authorities. These agreements aim to accelerate the connection of Cyprus’s Aphrodite natural gas field to Egypt’s existing gas infrastructure, potentially strengthening Egypt’s role as a regional hub for gas processing and export.

Industry leaders from companies including Eni and TotalEnergies are participating in discussions regarding offshore investment, exploration, and production optimization. The conference program includes technical sessions on reservoir management, emissions reduction, and the application of digital technologies to mitigate risks in the energy sector.

Entities

Chevron · Eni · Karim Badawi · Michael Damianos · TotalEnergies