Egypt Launches Oil and Gas Exploration Bidding Round

Reuters
Monday, September 25, 2023

Egypt's petroleum ministry launched an international bidding round on Monday for exploration in 23 open blocks, with the offer deadline set for Feb. 25. 

The round includes 10 areas in Egypt's Western Desert, two in the Eastern Desert, seven in the Gulf of Suez, and four in the Red Sea, the ministry said. Egypt, the most populous Arab country, has sought to position itself as a regional energy hub. 

(Reuters - Reporting by Sarah El Safaty/Writing by Nayera AbdallahEditing by Louise Heavens and David Goodman)

Categories: Energy Geoscience Activity Africa

Related Stories

Akrake Achieves First Oil at Sèmè Field as Parent Firm Reviews Options

Eco Wave Power Wraps Up Feasibility Study for South Africa’s Wave Project

ABL Secures Work at Egypt’s Kamose Gas Field

Current News

Ndungu Full-Field Starts Up Offshore Angola

Norway's 2025 Oil Output Climbs to Highest Level Since 2009

AKOFS Offshore Inks New Vessel Deal with Petrobras

UK Trade Body Challenges Government View on North Sea Gas Decline

Subscribe for OE Digital E‑News