Egypt initiates global oil and gas bid
Egypt announces a global bidding round for oil and gas exploration in 14 new areas across the Mediterranean Sea, the Nile Delta, and North Sinai. This initiative aims to attract investments to boost domestic production in support of the five-year plan, with the application deadline for Egas areas set for December 11, 2026, and November 11, 2026, for areas managed by the Egyptian General Petroleum Corporation.
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