1 min readBy Awogbemila Temitope
Africa’s second-largest economy secures $88 million from U.S. energy giant Chevron for offshore oil and gas exploration
Egypt has finalized a new energy agreement securing a minimum investment of $88 million from U.S. energy giant Chevron to explore for crude oil and natural gas in the Mediterranean Sea.
By Awogbemila TemitopeSouth Africa

Chevron LNG terminal [Image Credit: Arise News]
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About this article
- Length
- 7 words · 1 min read
- Published
- October 7, 2026
- Byline
- Awogbemila Temitope
- Source
- Business Insider