Gulf Of Suez News

 

Egypt Launches Bidding Round for Offshore Oil and Gas Blocks

Mar 05, 2025

The Ministry of Petroleum and Mineral Resources of Egypt has opened a licensing round, offering seven offshore blocks in the Mediterranean Sea and six exploration areas in the Gulf of Suez and the Western Desert in an effort to attract further investments in the country’s oil and gas industry.Egypt has put on offer seven undeveloped fields in the Mediterranean Sea, and six exploration areas in the Gulf of Suez and the Western Desert…

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