gas exploration
Four exploration areas were awarded, including three in the Mediterranean Sea, with two going to the Italian company Eni and one to a consortium of Eni, BP, and Qatar Energy.
Egypt’s President Abdel Fattah El-Sisi has ordered expanding gas exploration, search, and production activities and efforts between the Ministry of Petroleum and Eni in a meeting on Monday with the Italian energy company’s CEO Claudio Descalzi.
In four years, 24 agreements were signed in the Mediterranean and the Nile Delta with investments totaling $2.7 billion and grants worth nearly $25 million, Raslan added.
Molla pointed to an overcrowded exploratory map, which includes drilling and exploration works in the coming two years based on the successes achieved in this domain.
In a phone call, Egypt’s Foreign Minister Sameh Shoukry and Greek Foreign Minister Nikos Dendias discussed the developments of the Libyan file and bilateral relations.
