The two biggest blocks on offer, the 36,852-square-kilometre South Diyur concession and the 28,718-square-kilometre South Siwa concession, are in the far northeast of Ganope's area of responsibility, which covers the whole of Upper Egypt beneath the 28th parallel. The three smaller concessions are East Magawish, a 28-square-kilometre concession on the Red Sea coast, the 234-square-kilometre North Hurghada marine concession and the 3,800-square-kilometre South Sinai offshire concession. Data packages for the blocks will be available from Ganope from 1 July and bids are due on 16 November.
Following an agreed exploration period, companies will have the option to take up a 20-year development lease after the first discovery of hydrocarbons, with an optional five-year extension period.
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