ExxonMobil obtains concession to explore Egyptian marine areas

Mon, 04 Jan 2021 - 04:05 GMT

The company added in a statement, Monday, that ExxonMobil Egypt (Upstream) Limited will operate and own a 90 percent stake, while Tharwa Petroleum holds a 10 percent stake, and the operations include reprocessing 3D seismic data in the region.