Capricorn Energy

Capricorn Energy PLC is an independent, UK-based oil and gas exploration and production company.

Capricorn Energy’s Egyptian operations report a **300% year-over-year profit jump** in H1 2026, reaching **$36 million** on **$100 million in revenue**. The growth reflects strong performance in Egypt’s oil and gas sector amid rising demand. The company’s Egyptian assets contribute significantly to its overall financial results.

Sep 2026Egypt Oil & GasNews article

DNO ASA acquires Capricorn Energy plc for $396 million in an all-cash deal to expand its operations into Egypt. The Norwegian oil and gas company targets Capricorn’s upstream assets, including exploration and production activities. This move strengthens DNO’s regional footprint in North Africa’s energy sector.

Sep 2026Egypt Oil & GasNews article

Genel Energy acquires Capricorn Energy for $360 million to enter Egypt’s oil and gas sector. The move diversifies its portfolio away from volatile assets in Iraqi Kurdistan. Capricorn holds exploration and production operations in Egypt’s Mediterranean offshore blocks.

Jul 2026Egypt Oil & GasNews article

Capricorn Energy PLC and Cheiron Petroleum Corporation are investing **$208 million** in the **Consolidated Badr El Din concession** in Egypt’s Western Desert. The funding, announced alongside the Egyptian General Petroleum Corporation (EGPC), aims to accelerate **exploration, development, and production** activities in the area. The agreement was signed on **May 19** to strengthen operational efforts in the concession.

May 2026Egypt Oil & GasNews article