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QatarEnergy, BP, others snap up Egyptian oil and gas concessions

Summary by Ground News
Eni will take two of the blocks and a third in a coalition with BP and QatarEnergy, while Zarubezhneft will take the fourth. Egypt is looking to position itself as a regional energy hub, increasing collaboration in this field with actors including the European Union and Israel.

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QatarEnergy, BP, others snap up Egyptian oil and gas concessions

Four blocks have been awarded one day into international bidding for the exploration of Egypt's 23 open oil and gas blocks.

·Washington, United States
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Al-Monitor broke the news in Washington, United States on Tuesday, September 26, 2023.
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