Egypt awards BP, ENI, others eight oil exploration blocks -ministry
03/01/2022 07:29
CAIRO, Jan 3 (Reuters) - Egypt awarded oil and gas
exploration blocks to BP Plc BP.L , ENI ENI.MI , Apex
International 4927.TW , Energean ENOG.L , and United Energy
UNRG.PK , according to a statement from the Petroleum Ministry
on Monday.
Eight blocks were awarded in total, with the companies to
invest a minimum of $250 million and drill at least 33
exploration wells.
(Reporting by Ahmed Ismail; writing by Lina Najem; editing by
Jason Neely)
((Lina.Najem@thomsonreuters.com;))