Egypt Launches Tender for Oil and Gas Exploration

Tuesday, August 27, 2024

Egypt's petroleum ministry on Tuesday announced an international tender seeking bids for natural gas and crude oil exploration in the Mediterranean Sea and the Nile delta, 10 offshore blocks and two onshore blocks.

The deadline for bids is Feb. 25 next year, the ministry said.

Egypt began a $1.8 billion program last year to drill natural gas exploration wells in the Mediterranean Sea and Nile Delta.


(Reuters - Reporting by Moahmmed Ezz; Writing by Ahmed Elimam; Editing by David Goodman)

Categories: Energy Activity Africa Exploration Egypt

Related Stories

Saipem Scoops $900M for Work with Shell Off Nigeria

Mandatory Turbine Upgrade Mandate Upsets Wind Industry

BP and ADNOC’s XRG Launch JV Focused on Egypt’s Gas Assets

Current News

BOEM Okays New England Offshore Wind Project

Solstad Offshore Bolsters Ownership Stake in Omega Subsea

DeepOcean Takes Over Equinor’s Pipeline Repairs Contract from TechnipFMC

Petrobras Steps Closer to Developing Hydrogen Plant Powered by Renewables

Subscribe for OE Digital E‑News