Egypt awards new offshore blocks to six firms

17 February 2010

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.

A MEED Subscription...

Subscribe or upgrade your current package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications