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

PetroNor E&P Withdraws from Gambian Offshore Block after License Expiry

TotalEnergies’ Mozambique LNG Loses $2.2B UK, Dutch Support

TotalEnergies Inks Farm-Out Deal with Chevron for Two Blocks Offshore Nigeria

Current News

Van Oord Completes Monopile Installation at Windanker

Australian Union Members Back Pluto LNG 2 Strike

Survey shows that oil companies in Norway will drill 18% less exploration wells by 2026.

Cadeler’s WTIV Newbuild En Route to Europe for Maiden Offshore Wind Job

Subscribe for OE Digital E‑News