Egypt to launch 2 international bid rounds for oil and gas exploration in 2018 – Statement

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Egypt to launch 2 international bid rounds for oil and gas exploration in 2018 – Statement

22 May 2018, Cairo – Egypt will launch two international bid rounds for oil and gas exploration in 2018, the petroleum ministry said in a statement on Monday. One bid round will cover 16 concession areas, mostly in the Mediterranean Sea, under state buyer EGAS, in its largest ever bid round. The other auction will …

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