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Recently, Egypt's oil ministry said it has signed a deepwater oil and gas exploration agreement with Royal Dutch Shell and Petronas worth about $1 billion to explore eight oil and gas wells
in the West Nile Delta.
Egypt signs $1 billion oil and gas exploration agreements with Shell and Petronas
Egypt also signed a second $10 million agreement with Rockhope Exploration, Kuwait Energy and Canada's Dover for exploration
in the Western Desert, the oil ministry statement said.
Following a series of major discoveries, including Zohr, Egypt aims to become a regional hub
for LNG trade.
The Zohr field holds about 30 trillion cubic feet of natural gas reserves
.
,
Recently, Egypt's oil ministry said it has signed a deepwater oil and gas exploration agreement with Royal Dutch Shell and Petronas worth about $1 billion to explore eight oil and gas wells
in the West Nile Delta.
Egypt signs $1 billion oil and gas exploration agreements with Shell and Petronas
Egypt signs $1 billion oil and gas exploration agreements with Shell and PetronasEgypt also signed a second $10 million agreement with Rockhope Exploration, Kuwait Energy and Canada's Dover for exploration
in the Western Desert, the oil ministry statement said.
Following a series of major discoveries, including Zohr, Egypt aims to become a regional hub
for LNG trade.
The Zohr field holds about 30 trillion cubic feet of natural gas reserves
.
,