Cabinet Approves EGPC, Lukoil Exploration Contract

Cabinet Approves EGPC, Lukoil Exploration Contract

In its meeting No. 257, the Cabinet approved a draft law authorizing the Minister of Petroleum and Mineral Resources Tarek El Molla to contract with the Egyptian General Petroleum Corporation (EGPC) and Lukoil Overseas Egypt.

The contract aims to search for, develop and exploit oil in the West East Esh El Mallaha development area in the Eastern Desert, with the aim of continuing development operations and increasing production rates.

Sarah Samir 3289 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.


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