Egypt Signs $340mln Oil, Gas Exploration Deals with Global Firms

Egypt secures new oil and gas exploration contracts worth $340m

Egypt has entered into four agreements for oil and gas exploration valued at over $340m with international firms, aiming to bolster domestic production in the face of growing energy demands.

Egypt signs $340mln oil, gas exploration deals with global firms

The deals, signed by the state-owned Egyptian Natural Gas Holding Company, provide for the drilling of 10 wells as part of the ministry's efforts to boost exploration and production

Egypt Signs Exploration Deals with Global Firms

Egypt has signed four agreements with international firms worth more than $340 million to explore oil and gas in the Mediterranean and Nile Delta, the Petroleum Ministry said on Saturday.The deals, signed by the state-owned Egyptian Natural Gas Holding Company (EGAS), provide for the drilling of 10

Egypt signs $340m natural gas exploration deals

Aim is to ramp up activity in the Nile Delta region Shell will invest $120 million Italy’s Eni to partner with BP and QatarEnergy State-owned Egyptian Natural Gas Holding Co. (EGAS) has secured $340 million in investment through four new deals with global energy companies to expand natural gas exploration. The agreements aim to ramp up exploration and production activities in the Mediterranean and Nile Delta regions, the ministry said in a state…