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Egypt awards new offshore blocks to six firms

Egypt's oil minister has said that state-owned Egyptian Natural Gas Holding Co has awarded three offshore blocks to six companies, including BG Group and Royal Dutch Shell, Reuters has reported. The oil and gas blocks in the Mediterranean include North Gamasa, a 281 sq km block awarded to BG; North Damietta, a 1,604 sq km block awarded to BP, Petronas and Shell; and East Al-Borolos, a 2,516 sq km block awarded to Total and Enel.

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