Egypt said it signed new agreements involving investment of about $1 billion to search for oil and natural gas in parts of the Mediterranean and Red Sea.
The deals are with six international and local companies including Exxon Mobil Corp. and Chevron Corp., the state-run Middle East News Agency reported Friday, citing a statement from Oil Minister Tarek El Molla.
- Three other agreements are pending approval in the near future. The deals target the drilling of 23 wells in nine regions in the Mediterranean and three regions in the Red Sea, with a minimum total investment seen at $1.4 billion
"oil" - Google News
January 02, 2021 at 02:09PM
https://ift.tt/386ciRV
Egypt Signs Oil, Gas Exploration Agreements Worth $1 Billion - Bloomberg
"oil" - Google News
https://ift.tt/2PqPpxF
Shoes Man Tutorial
Pos News Update
Meme Update
Korean Entertainment News
Japan News Update
Bagikan Berita Ini
Related Posts :
Oil extends losses triggered by U.S. inflation fears - Reuters- Weakened bonding rules for oil and gas companies knocked by environmental groups - Colorado Newsline
- Analysis: U.S. oil refiners bet the farm Biden will back them on biofuels - Reuters
- Oil hovers near $83 a barrel as U.S. inflation weighs - CNBC
- 'Beyond Oil' alliance adds members, but shunned by UK climate summit host - Reuters
0 Response to "Egypt Signs Oil, Gas Exploration Agreements Worth $1 Billion - Bloomberg"
Post a Comment