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Published 8 months ago

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.

8 months ago·Washington, United States
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