Egypt’s state-owned South Valley Egyptian Petroleum Holding Company (Ganope) has opened three oil and gas exploration blocks for bidding, according to an announcement published by the Egypt Upstream Gateway (EUG) on November 12.
The blocks include East Zeit Bay, East Shadwan, and East Geisum, located in the southern Gulf of Suez.
The blocks are available for bidding through the EUG platform, with a submission deadline of December 15, at 12:00 PM Cairo local time.
The bidding process will be conducted under Egypt’s Open Blocks Licensing Program (OBLP), which provides investors with continuous access to exploration opportunities through a flexible, transparent, and competitive licensing framework.