South Valley Egyptian Petroleum Holding Company
Sources at the petroleum sector told Egypt Today that companies applying to the tender included Shell, ExxonMobil, Statoil, Dragon Oil, Russian Rosneft and Total France.
Under the agreement, the two companies have a minimum 15-year period of exclusive multi-client rights.
Ganope signed two contracts with the British TGC and the U.S. Schlumberger with investments exceed $750 million .
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