Egpyt News

 

Five Oil Majors Sign Offshore Exploration Deals in Egypt

Feb 17, 2020

Egypt has reached initial agreements with five major energy firms to explore for oil and gas in deep waters off its western coast on the Mediterranean, the petroleum minister said, the first such deals in that offshore region. The five companies are Royal Dutch Shell, Chevron, BP, Total and Exxon Mobil, Tarek El Molla told Sky News Arabia TV on Saturday. He said the exploration and production agreements…

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