Total to Pump Investments in Egypt
French energy giant Total looks to increase its exploration and production (E&P) activities in the West Mediterranean and the Red Sea, as well as raising its overall investments in Egypt.
French energy giant Total looks to increase its exploration and production (E&P) activities in the West Mediterranean and the Red Sea, as well as raising its overall investments in Egypt.
The Ministry of Petroleum and Mineral Resources is planning to launch a new bid round in Q3 2019 for natural gas exploration in the West Mediterranean region.
Edison announced its commitment to Egypt and its East Mediterranean concessions as it will pursue and fulfill its exploration campaign in 2019.
Eni will start exploration drilling at Noor field off North Sinai shore within two months.
Eni has sold a 10% stake in Egypt's Shorouk offshore concession to Mubadala Petroleum for more than $1 billion.
Egyptian and Cypriot officials met to discuss hydrocarbon cooperation