Published • loading... • Updated
Egypt Kuwait Holding secures major drilling rights in Egypt
Summary by Billionaires.Africa
1 Articles
1 Articles
Egypt Kuwait Holding secures major drilling rights in Egypt
Egypt Kuwait Holding Co. is emerging as a key player in Egypt’s latest push to expand oil and gas production, after its subsidiary Parenco Egypt secured rights to drill offshore North Sinai under one of three new exploration agreements worth more than $121 million.The deal, announced by Egypt’s petroleum ministry, re-awards Parenco the North Sinai offshore block and calls for three new wells. Dubai-based Dragon Oil and U.S. producer Apache signe…
Coverage Details
Total News Sources1
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium