The Ministry of Petroleum and Mineral Resources announced that it has awarded the bid round offered by the Egyptian Natural Gas Holding Company (EGAS), which closed in mid-July, to one consortium and two major com ...
Minister of Petroleum and Mineral Resources Tarek El Molla declared that Egypt seeks to achieve between $7.7 billion to $8 billion in oil and gas sector investments during fiscal year (FY) 2022/23.
Qatar Energy entered an agreement with ExxonMobil to obtain 40% working interest in an offshore exploration block in Egypt. The agreement is pending governmental customary approval.
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