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Egypt awards offshore exploration licenses

Thursday, September 28 2023

Fossil Energy – Licenses Egypt

The Egyptian Ministry of Petroleum and Mineral Resources has issued four exploration areas to various companies under the latest international bid round staged by Egyptian Natural Gas.

According to reports, Eni gained rights to two areas in the Mediterranean Sea, with another Mediterranean area awarded to a partnership between Eni, bp and QatarEnergy.

Russia’s Zarubezhneft gained the other offshore area in the Nile Delta.

Combined commitments are said to include a minimum of 12 wells during the exploration phases.

Related posts:

  1. ExxonMobil secures exploration acreage offshore Egypt
  2. Neptune Energy commences drilling operations at Yakoot prospect
  3. Wintershall Dea awarded 13 exploration licences
  4. Successful exploration drilling in UK North Sea

Filed Under: Egypt, Exploration, International projects, Licenses Tagged With: egypt, exploration

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