Egypt Extends Closing Date of EGAS Bid Round for 12 Open E&P Blocks

Egypt Extends Closing Date of EGAS Bid Round for 12 Open E&P Blocks

The closing date of the latest Egyptian Natural Gas Holding Company (EGAS) bid round has been extended to the 1st of June, 2023.

The bid round offers 12 open blocks for exploration in the Mediterranean Sea and Nile Delta, according to the Egypt Upstream Gateway (EUG).

Marketed through EUG, it includes six blocks in the Nile Delta, four blocks in East Mediterranean, and two blocks in West Mediterranean.

In December 2022, Minister of Petroleum and Mineral Resources Tarek El Molla announced the launch of the new international bid round to search for natural gas and crude oil in 12 regions in the Mediterranean and Nile Delta.

Sarah Samir 3455 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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