EGAS Technical Committee Evaluating IOC Bids for Mediterranean

EGAS Technical Committee Evaluating IOC Bids for Mediterranean

The Egyptian Natural Gas Holding Company (EGAS) has announced the closing of its  2015 International Bid Round, where the Technical Committee has now begun evaluating bids, reported Egypt Oil & Gas. According to sources at EGAS the bid generated significant interest. EGAS had issued the  bid round last February, offering 8 exploration blocks in the Mediterranean Sea of Egypt, adding 4 new blocks to the bid round in May to reach a total of 12.

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