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flag Capricorn Energy forecasts higher 2026 oil and gas output due to expanded Egypt operations and new joint ventures.

flag Capricorn Energy expects 2026 oil and gas production of 18,000 to 22,000 barrels of oil equivalent per day, up from a 2025 exit rate of 21,003 boepd, driven by expanded operations in Egypt following a joint venture agreement with Egypt’s EGPC and Cheiron Oil and Gas. flag The company cited strong financial health, development projects, and a consolidated concession deal expected in Q1 2026 as key factors. flag It continues evaluating mergers and acquisitions in the UK North Sea, Egypt, and the MENA region.

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