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Middle East · EgyptEgypt 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 wells as part of the ministry's efforts to boost exploration and production. Egypt, once a regional exporter, has increasingly turned to imports to …See the Story
Egypt Signs $340m Oil, Gas Exploration Deals
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