Shell Company
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El Molla Signs Nine E&P Agreements Worth $452 M
Monday, 20th January 2020
The Minister of Petroleum and Mineral Resources, Tarek El Molla, signed nine agreements for exploration and production (E&P) activities in the Mediterranean and the Western Desert with investments worth $452.3 million as well as a signature bonus for drilling 38 wells with $84 million.
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Crude Oil (Brent) Brent | USD/bbl | 67.62 | +0.87% |
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Last Modified February 25, 2021