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Capricorn Energy forecasts higher 2026 oil and gas output due to expanded Egypt operations and new joint ventures.
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.
The company cited strong financial health, development projects, and a consolidated concession deal expected in Q1 2026 as key factors.
It continues evaluating mergers and acquisitions in the UK North Sea, Egypt, and the MENA region.
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Capricorn Energy pronostica una mayor producción de petróleo y gas en 2026 debido a las operaciones expandidas en Egipto y nuevas empresas conjuntas.