The Egyptian Cabinet has approved a draft law to license the Minister of Petroleum and Mineral Resources to contract with the Egyptian General Petroleum Corporation (EGPC) and BP Exploration (Delta) Ltd. for exploration and production (E&P) activities in the north-east of Ramadan in the Gulf of Suez, Egypt Oil & Gas reports.

Moreover, the Cabinet approved a draft law to license the Minister of Petroleum and Mineral Resources in order to contract with EGPC and Apache East Marine Corporation (LCC) to amend commitment agreement issued by Law No. 6/1996, as amended by Law No. 170/2005 and Law No. 155/2009, to search for petroleum in the Eastern Region of the Western Desert.

The approvals were granted during the Cabinet Meeting number 108, held on February 7th.