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Egypt Signs Four Major Exploration Deals Worth $340mn | The Middle East Observer

Summary by meobserver.org

Egypt’s Petroleum Ministry has unveiled four fresh exploration agreements with global energy players, totaling over $340 million. The state-owned EGAS will oversee the drilling of 10 new wells in the Mediterranean and Nile Delta regions (Reuters, 2025). The largest deal, $120 million, is with Shell for three wells in the Merneith offshore block; Eni will […]

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Egypt Signs Four Major Exploration Deals Worth $340mn | The Middle East Observer

Egypt’s Petroleum Ministry has unveiled four fresh exploration agreements with global energy players, totaling over $340 million. The state-owned EGAS will oversee the drilling of 10 new wells in the Mediterranean and Nile Delta regions (Reuters, 2025). The largest deal, $120 million, is with Shell for three wells in the Merneith offshore block; Eni will […]

7 hours ago

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meobserver.org broke the news in 7 hours ago on Monday, September 1, 2025.

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