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EGYPT ANNOUNCES WINNERS OF US$800M OIL AND GAS EXPLORATION TENDERS
Minister of Petroleum Announces winners of Both EGAS and EGPC oil and gas exploration tenders in Egypt. Egypt’s Petroleum Minister has announced the result of the oil and gas exploration tenders. These oil and gas exploration tenders were for digging the Egyptian Natural Gas Holding Company (EGAS) and The Egyptian General Petroleum Corporation (EGPC) wells. The total limit of private investment owned by EGAS is worth US$600m while that of EGPC is US$164m. Including grants, the…
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