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.