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The global energy community will converge in Dubai on 10 December for a landmark event dedicated to shaping the future of natural gas across the region
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Paul Mayland, COO of Capricorn Energy
Egypt Gas Offshore
Peter Ramsay
26 April 2022
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Capricorn builds an Egyptian platform for growth

The Edinburgh-headquartered producer sees its basin-entry acquisition as just the start of a journey that could even take it beyond oil and gas

UK-listed independent Capricorn Energy acquired, alongside local partner Cheiron, a portfolio of upstream oil and gas production, development and exploration interests in Egypt’s Western Desert from Shell in September last year. But, as Capricorn COO Paul Mayland tells Petroleum Economist, the deal is just the beginning of the journey. Mayland is upbeat about Egypt’s prospects, not least due to political will to support the sector that is not simply words but is translating into practical action on paying bills, reforming agreements and innovating on licensing. And he believes Capricorn brings a great deal to the Egyptian table in terms of its previous experience—leaving it well placed not o

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2 July 2025
The global energy community will converge in Dubai on 10 December for a landmark event dedicated to shaping the future of natural gas across the region
New Zealand backs gas, but results take time
30 June 2025
Government is sending out the right policy signals to support increased domestic gas development, but policy takes time to implement and even longer to yield results
Gas pricing finds a new norm
27 June 2025
Gas-on-gas competition pricing has grown its share of consumption significantly over the past two decades, primarily at the expense of oil-price-escalation pricing, according to the IGU

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