More petroleum, gas excavations to take place in Red Sea within coming period

Thu, 19 Sep 2019 - 02:14 GMT

Among the companies applying for the tender are Shell, ExxonMobil, Statoil, Dragon Oil, Russian Rosneft and Total France.

Egypt to hold 2 international bid rounds for oil, gas exploration

Mon, 21 May 2018 - 10:00 GMT

One bid round will cover 16 concession areas, mostly in the Mediterranean Sea, under state buyer EGAS, in its largest ever bid round.